Rule ID: DQC_0201 Status: Approved
Release date: February 28, 2025
Effective date: April 15, 2025

Purpose:

The rule checks that private company concepts are not used in public company filings. The elements were added in the US GAAP taxonomy to support SBSEF filings.

Conditions:

The rule checks if the filing is an SBSEF filing. If it is an SBSEF filing the rule is skipped. If the filing is not an SBSEF filing then the rule identifies any concepts with the string 'PrivateCompany' in the local name.

This rule ensures that public company filers are not using private company concepts.

A value of {$fact2} is reported for the concept {$fact2.concept.name} with in the filing. This element should not be used with a public company filing and should only be used by a private company reporting Form SBSEF. Please remove this fact or consider using a different element to represent the amount.

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

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