Approximate Public Exposure Periods for DQC Rules and Guidance
  • August 1- September 15
  • November 15- December 31
  • May 1- June 15

Public review and comment is a critical part of the process of improving the usability of XBRL filed with the SEC.

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

The Data Quality Committee sought comment on version 11 of the DQC Rules during a public exposure period of rules and guidance from November 18, 2019 through January 3, 2020. The latest plugin releases are linked at right. See the schedule at right for approximate public exposure period timing.

Generally, rules are considered for approval within 45 days of Public Exposure, and effective within 90 days of approval.

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 & Guidance - RSS

Comments due by Friday, May 1, 2020:

Guidance - Variable Interest Entities

Variable Interest Entities Guidance

This DQC guidance is designed to address the introduction of the ConsolidatedEntitiesAxis in the 2020 US GAAP Taxonomy. US GAAP taxonomies up to 2019 included in the VIE section of the taxonomy a balance sheet location axis to facilitate reporting the balances on the balance sheet of the portion applicable to the VIE. This was originally designed to allow the use of the Consolidated VIE line items in conjunction with the BalanceSheetLocationAxis. Effective with the 2020 US GAAP Taxonomy, the recommended approach is to discontinue use of the BalanceSheetLocationAxis and instead use the balance sheet line items with the ConsolidatedEntitiesAxis and VariableInterestEntityPrimaryBeneficiaryMember.



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