Instant Items Used on the Income Statement Location Axis

Rule function

Purpose:
The rule ensures that instant monetary elements are not incorrectly tagged with the Income Statement Location Axis unless they represent future expenses. This helps maintain the accuracy and integrity of financial reporting by preventing the misuse of the Income Statement Location Axis.

Conditions:

The rule checks for instant monetary elements that are associated with the Income Statement Location Axis.
It excludes elements that are part of a predefined set of exceptions representing future expenses.

Problem solved by the rule

This rule ensures that instant monetary elements are correctly tagged and not misused with the Income Statement Location Axis, thereby enhancing the accuracy and consistency of financial reporting.

Example rule message

A value of 500,000 is reported for the concept Assets with the IncomeStatementLocationAxis. This element should not be used to represent an income statement location. Please remove the member from this fact or consider using a different element to represent the balance sheet location.

The properties of this Assets fact are:

Period: 2025-12-31
Dimensions: IncomeStatementLocationAxis=OperatingExpenses
Unit: USD

Rule Element ID: 10700

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.