Rule ID: DQC_0106 for US GAAP and IFRS - comment period closes December 15, 2020.
View: as part of public exposure version v14.0.0RC1


Rule function

This rule is intended to identify where the Assets And Liabilities Classified as Held-For-Sale axis has been used inappropriately. The rule identifies fact values with duration types that have been used with this axis. The axis is used to identify balance sheet items that are held for sale.

Problem solved by the rule

This axis is used to categorize assets and liabilities in the face of financial statements as held for sale. Because an entity must present a non-current asset classified as held for sale and the assets of a disposal group classified as held for sale separately from other assets in the statement of financial position, this axis is used to make that disaggregation. The rule identifies where filers have used the axis with items that cannot appear on the balance sheet, or roll into the balance sheet.

Example rule message

The filer has used the axis AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis with the concept ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment and a reported value of 18,000,000. This concept is a duration concept. This axis should only be used with an instant concept.

These values should be equal.

The properties of this ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment fact are:
Period: 2019-04-01 to 2020-03-31
Dimensions: ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis=ifrs-full:DisposalGroupsClassifiedAsHeldForSaleMember, bt:DisposalGroupName1Axis=bt:FranceAndLatinAmericaDivestmentsMember
Unit: GBP

Rule Element Id:9550
Rule version: 14.0.0RC1

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.

Message template

The filer has used the axis AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis with the concept {$invalidFact.concept.name} and a reported value of {$invalidFact}. This concept is a duration concept. This axis should only be used with an instant concept.

These values should be equal.

The properties of this {$invalidFact.concept} fact are:
Period: {$invalidFact.period}
Dimensions: {$invalidFact.dimensions.join(‘, ‘,’=’)}
Unit: {$invalidFact.unit}

Rule Element Id:{$rule_id}
Rule version: {$ruleVersion}

Rule element ID index

Rule Element ID Elements
DQC.US.0106.9550 AssetsAndLiabilitiesClassifiedAsHeldForSaleAxis

View: as part of public exposure version v14.0.0RC1