Public Exposure of Validation Rules & Guidance

OCI Items in Income & Income in OCI

This rule identifies if OCI items have been included in the calculation of net income. The rule is being updated in version 21 to also identify if net income items are included in OCI.

Use of Noncurrent Assets

This rule is intended to ensure that filers use the NoncurrentAssets element appropriately. The element should be used for long-lived assets reported as part of the geographical segment (not a component of the balance sheet). The rule checks that the element is included in the ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsTable.

Segment Reporting Inconsistencies

This rule checks for inconsistencies in segment reporting disclosure by identifying where filers have used inappropriate members or have excluded members on the consolidation items or segment axes. There are four components to this rule.

Financial Statement Table Placement

This rule identifies monetary items not included as primary items of the financial statement disclosure tables.

Tax Reconciliation Items

This rule checks the tax reconciliation disclosure and flags whether the following elements have been used correctly:

• Foreign-derived intangible income
• Global intangible low-taxed income
• Base erosion and anti abuse tax
• Foreign Income Tax Rate Differentials

Exchange Rate Effect Inconsistency

This rule checks that the exchange rate impact on the cash flow statement is calculated correctly. The rule flags when the element CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect excludes an effect of exchange rate element in its calculation.

Basic and Diluted Extension Elements

This rule identifies when filers create extensions to report basic and diluted amounts as a single element. Basic and diluted amounts are required to be tagged separately.