OCI Reconciliation of Before Tax and Net of Tax OCI

Rule function

This rule checks the consistency of signage used in the Statement of Other Comprehensive Income. It is expected that the Net OCI item will have the same sign as the tax OCI item and the Before tax OCI item.

The rule identifies the before Tax| tax and after tax items within the OCI section for the various components such as Unrealized Holding Gain Loss On Securities, and Transfers From Held To Maturity To Available For Sale Securities. The rule checks that the signs of all three are consistent. If they are not it then checks if the before tax amount less the tax amount is equal to the net amount. If they do not match then an error is produced.

Problem solved by the rule

The rule is intended to ensure that the OCI elements have been reported with the correct signage.

Example rule message

The following elements have the following values. All of these values should have the same sign of either negative or positive: us-gaap:OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax has a value of 1,800,000 us-gaap:OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax has a value of 2,400,000 us-gaap:OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax has a value of -600,000

All 3 of these elements should have the same signs

The properties of this us-gaap:OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax fact are:
Period: 2020-01-01 to 2020-12-31
Dimensions:

Rule Element ID: 10163

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.

Rule element ID index

The rule element id is used to identify unique elements or combinations of elements tested in the rule.