Category: 1.7 Extension Taxonomy

1.7 Extension Taxonomy

Issued: 6/29/12

Impact: All US GAAP

Company Extension Taxonomy

1.7.1 Removal of Unused Elements from the Company Extension

Issue A large proportion of filer time is spent removing and adding elements between 10-Q and 10-K filings. A number of advisors are recommending that unused elements and disclosure groups be removed when not in use in a filing. In subsequent filings, such as the 10-K, these removed elements should be added back. A number […more]

The national consortium for
the business reporting standard

XBRL US is a not-for-profit organization supporting the implementation of digital business reporting standards through the development of taxonomies for use by U.S. public and private sectors, with a goal of interoperability between sectors, and by promoting XBRL adoption through marketplace collaboration.