Approximate Public Exposure Periods for DQC Rules and Guidance
  • April 15 – May 31
  • July 15 – August 31
  • November 15- December 31

The Data Quality Committee sought comment on Variable Interest Entities Guidance from March 16 through May 1, 2020.

Public review and comment is a critical part of the process of improving the usability of XBRL filed with the SEC. Generally, rules are considered for approval within 45 days of the close of public exposure for comment, and should be implemented in all filings within 90 days of approval.

The Data Quality Committee sought comment on three new rules and support for the 2020 IFRS Taxonomy in version 13 of its rules during a public exposure period from August 1 through September 17, 2020.

The latest plugin releases are linked at right. See the schedule at right for approximate public exposure period timing.

Rules and Guidance Recently Exposed for Comment



Liability Revenue Recognized

This rule identifies where the element ContractWithCustomerLiabilityRevenueRecognized (Contract with Customer, Liability, Revenue Recognized) is greater than the value of ContractWithCustomerLiability reported in the instance.


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FS with No Associated Calculation

This rule identifies where an element is defined in the presentation linkbase of the filing for the Income Statement, the Balance Sheet, the Statement of Cash Flows and the Statement of Comprehensive Income if it is reported separately.



Invalid Consolidation Axis

This rule identifies where the filer has reported a fact value which uses the axis InvestmentsByConsolidatedAndNonconsolidatedEntitiesAxis. The rule checks for the existence of any facts that have used this axis and reports an error. This rule only exists for the 2020 taxonomy.