Best Practice
2.6 Positive and Negative Values

Issued: 5/31/13

Impact: All US GAAP

Instance Document

2.6.2 Components of Roll Forwards with Income and Expense Items

Issue Roll-forward items have been defined in the US GAAP taxonomy as an increase or decrease in a reserve or asset account.  These elements can also have an equivalent counter-element that represents an income or expense item. For example, the element LiabilityForAsbestosAndEnvironmentalClaimsNetIncurredLoss has a definition of: “Increase in asbestos and environmental reserve based on known […more]


Best Practice
archived 2.6 Positive and Negative Values

Issued: 9/5/12

Impact: All US GAAP

Instance Document

2.6.1 Dual Sided Elements

This guidance is archived. See Components of Roll Forwards with Income and Expense Items for updated Best Practice Guidance. Issue The element ChangeInUnrealizedGainLossOnFairValueHedgingInstruments in the 2011 and 2012 taxonomy has a balance type of debit however the definition explains that it is the impact on earnings and the label indicates that the gain is a positive […more]