Invalid Axis used for Tangible and Intangible Assets

Rule function

Purpose:

The rule checks that filers have used the PropertyPlantAndEquipmentByTypeAxis and the FiniteLivedIntangibleAssetsByMajorClassAxis with the appropriate members and concepts. The rule has four components which check the following:

• Intangible Asset concepts are used with the axis PropertyPlantAndEquipmentByTypeAxis
• The FiniteLivedIntangibleAssetsByMajorClassAxis axis is used with members that are associated with tangible Property plant and equipment.
• The PropertyPlantAndEquipmentByTypeAxis axis is used with members that are associated with definite lived and indefinite lived intangible assets
• The concept CapitalizedComputerSoftwareGross is used with the PropertyPlantAndEquipmentByTypeAxis axis.

Conditions:

The rule will run on all filing types.

Problem solved by the rule

The rule is intended to identify where PPE dimensional breakdowns have been inconsistently defined with incompatible members and dimensions. In the case of capitalized computer costs the last rule is to ensure that where it is included in PPE it uses the element PropertyPlantAndEquipmentGross with the member SoftwareAndSoftwareDevelopmentCostsMember

Example rule message

Example Rule Message 1

The concept us-gaap:FiniteLivedIntangibleAssetUsefulLife with a value of P13Y has been used with the axis PropertyPlantAndEquipmentByTypeAxis and the member us-gaap:ComputerSoftwareIntangibleAssetMember. The concept us-gaap:FiniteLivedIntangibleAssetUsefulLife should be used with the FiniteLivedIntangibleAssetsByMajorClassAxis or the IndefiniteLivedIntangibleAssetsByMajorClassAxis. Alternatively a different concept should be used to represent a line item associated with PPE.

Concept : us-gaap:FiniteLivedIntangibleAssetUsefulLife
Value: P13Y
Period: 2024-11-30
Dimensions: us-gaap:PropertyPlantAndEquipmentByTypeAxis=us-gaap:ComputerSoftwareIntangibleAssetMember, srt:RangeAxis=srt:MaximumMember

Rule Element ID: 10704
Rule version: 27.0.0RC1

Example Rule Message 2

The concept us-gaap:FiniteLivedIntangibleAssetUsefulLife with a value of P3Y has been used with the axis FiniteLivedIntangibleAssetsByMajorClassAxis and the member us-gaap:SoftwareAndSoftwareDevelopmentCostsMember. The member us-gaap:SoftwareAndSoftwareDevelopmentCostsMember should not be used with the FiniteLivedIntangibleAssetsByMajorClassAxis as it is expected to represent a tangible asset. Please change the member to represent an intangible asset or change the axis to represent a tangible asset. i.e. PropertyPlantAndEquipmentByTypeAxis.

Concept : us-gaap:FiniteLivedIntangibleAssetUsefulLife
Value: P3Y
Period: 2024-12-31
Dimensions: srt:RangeAxis=srt:MinimumMember, us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap:SoftwareAndSoftwareDevelopmentCostsMember

Example Rule Message 3

The concept us-gaap:FiniteLivedIntangibleAssetUsefulLife with a value of P3Y has been used with the axis PropertyPlantAndEquipmentByTypeAxis and the member us-gaap:ComputerSoftwareIntangibleAssetMember. The member us-gaap:ComputerSoftwareIntangibleAssetMember should not be used with the PropertyPlantAndEquipmentByTypeAxis as it is expected to represent an intangible asset. Please change the member to represent an tangible asset or change the axis to represent an intangible asset. i.e. FiniteLivedIntangibleAssetsByMajorClassAxis or IndefiniteLivedIntangibleAssetsByMajorClassAxis.

Concept : us-gaap:FiniteLivedIntangibleAssetUsefulLife
Value: P3Y
Period: 2024-11-30
Dimensions: us-gaap:PropertyPlantAndEquipmentByTypeAxis=us-gaap:ComputerSoftwareIntangibleAssetMember, srt:RangeAxis=srt:MinimumMember

Example Rule Message 4

The concept us-gaap:CapitalizedComputerSoftwareGross with a value of 5,100,000 has been used with the axis PropertyPlantAndEquipmentByTypeAxis and the member us-gaap:SoftwareDevelopmentMember. The concept CapitalizedComputerSoftwareGross should not be disaggregated using this axis as the software in the type of PPE. Replace the concept with the concept PropertyPLantAndEquipmentGross.

Concept : us-gaap:CapitalizedComputerSoftwareGross
Value: 5,100,000
Period: 2024-09-30
Dimensions: us-gaap:PropertyPlantAndEquipmentByTypeAxis=us-gaap:SoftwareDevelopmentMember

For Developers

The Global Rule Logic document contains general guidelines for implementation of rules.

The rule message template contains text and parametric reference to arguments of the rule operation, using the syntax ${parameter} to indicate that insertion of a parameter’s value is to occur.

Rule element ID index

The rule element id is used to identify unique elements or combinations of elements tested in the rule.