FASB has issued an Exposure Draft for Disclosure Improvements on Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. The proposed amendments are intended to clarify or improve disclosure and presentation requirements of a variety of Codification Topics. Additionally, the updates would correct technical errors and better align the requirements in the Codification with the SEC’s regulations, thus eliminating redundancies and make implementation easier. Comments are due June 28, 2019.