In the current public exposure period of rules and guidance for public company filers, the Data Quality Committee seeks comment on version 6 of the DQC Rules – which includes checks for SEC filings using approved IFRS Taxonomies, as well as updates for the 2018 US GAAP and SEC Reporting Taxonomiesthrough Monday, May 7, 2018. Public review and comment is a critical part of the process of improving the usability of XBRL filed with the SEC.

The latest approved and public exposure plugin releases are linked at right.

For each rule or guidance item listed below, click the title to review its comprehensive documentation. To post your comments, you will need to login and agree to Terms and Conditions for Public Comments. Comments received can be reviewed without logging in.

When providing feedback about guidance or a rule, please consider the following:

  • What is the concern with the proposed rule? Please be as specific as possible and include examples using data submitted to the SEC.
  • How should the rule be revised?
  • How does the revision to the rule improve the usability of the data?

Use this link for general feedback on all rules and guidance.

Public Exposure of Validation Rules - RSS

Rules effective with: All SEC Filings || IFRS filings

DQC_0001-la-v6

Axis with Inappropriate Members – List of Axes

Comments are due Monday, May 7, 2018.

This release includes updates as noted for US GAAP Taxonomy changes. The rule evaluates a company’s extension taxonomy and instance document and flags an error when there is an inappropriate axis/member combination in the extension taxonomy even though there is no fact associated with the axis/member combination in the instance document.


DQC_0006-IFRS

1 comment

IFRS-ready

DEI and Block Tag Date Contexts

Comments are due Monday, May 7, 2018.

Document and entity information, footnotes, tables, and accounting policy concepts must use reporting period dates that are consistent with the fiscal period focus of the filing (e.g. Q1, Q2, Q3 or FY).


DQC_0008-IFRS

IFRS-ready

Reversed Calculation

Comments are due Monday, May 7, 2018.

This rule evaluates whether a calculation relationship in the company’s extension is a reversal of the calculation defined in the base taxonomy used for the filing.


DQC_0015-V6

1 comment

Negative Values – Additions and Removals

Comments are due Monday, May 7, 2018.

The rule tests whether these elements have a negative value in an XBRL document. Review the file of proposed additions and note the element recommended for removal in this release.


DQC_0033-IFRS

IFRS-ready

Document Period End Date Context

Comments are due Monday, May 7, 2018.

Document and entity information dates should match the document period end date.


DQC_0036-IFRS

IFRS-ready

Document Period End Date Context / Fact Value Check

Comments are due Monday, May 7, 2018.

The document period end date should match the date tagged with the document period end date element.


DQC_0041-IFRS

IFRS-ready

Axis with a Default Member that Differs from the Base Taxonomy

Comments are due Monday, May 7, 2018.

This rule evaluates whether the dimension default is associated with a given axis in the company’s extension taxonomy. Companies should not change the default member defined in the base taxonomy for a given axis in their extension taxonomy.



Comment