Rule ID: General feedback for US GAAP - this public exposure version was available for comment until December 13, 2016. || Return to summary page.
Login and use the form below to provide general feedback on the public exposure drafts for these rules.
Data Quality Rules
Approved Guidance
- Dimensional Modeling Guidance – Legal Entities & Consolidation
Approved: Nov 2018 - Investment Guidance FAQ
Approved: Sep 2022 - Reporting US GAAP Dividend Disclosures in XBRL – FAQ
Approved: Jun 2024 - Revenue Guidance
Approved: Oct 2018 || Last update: Aug 2020 - Statement of Cash Flows Guidance
Approved: Oct 2017 - Tagging Axis and Members Using the IFRS Taxonomy
Approved: Dec 2020 - Tagging Axis and Members Using the US GAAP Taxonomy Guidance
Approved: Sep 2016 || Last update: Nov 2016
Effective for the 2021 US GAAP Taxonomy, FASB issued Dimensional Modeling for Disclosures of Consolidated and Nonconsolidated Entities.
Public Exposure of Validation Rules & Guidance
- Income Tax Authority Axis with Invalid Members (DQC_0203) Comments due May 31
- Invalid Axis used for Tangible and Intangible Assets (DQC_0204) Comments due May 31
- Invalid Member used on Balance Sheet Location Axis (DQC_0205) Comments due May 31
- Invalid Member used on Disaggregation Of Income Statement Expense Caption Axis (DQC_0206) Comments due May 31
- Invalid Subtotals in Schedule of Investments (DQC_0207) Comments due May 31
- Subtotals match Extensible Enumerations in the Schedule of Investments (DQC_0208) Comments due May 31
- Missing Extensible Enumeration Elements on the Schedule of Investments (DQC_0209) Comments due May 31
- Missing Investment Identifier Axis (DQC_0210) Comments due May 31
Latest Rules (works with Arelle)
- Approved Rules (v26.0.9)
Test cases, documentation & scripts
(Travis CI) - Public Review Rules (v27.0.0RC2)
includes Approved Rules
Test cases, documentation & scripts
(Travis CI) - Rules Dev Team workspace
Developer Resources
- DQC Rules Validator (part of the XULE plugin for Arelle)
- XULE Editor extension for Visual Studio Code (What is XULE?)
- DQC Reference Implementation Code
Travis CI status - - Global Rule Logic
I apologize for creating additional work for XBRL.
In addition to the tagging of XBRL Data we need to provide Semantic Notation for Analytics for visualization of Data as well.
This will enhance the value of Financial Statements periodically filed with SEC and at the same time facilitate comparison of KPIs; In fact many organizations have switched over to the Semantic Notation for visualizing KPIs which makes the lives of the users easier because all these visualizations follow a common Semantic Notation like we have in music. This is the next big wave in Business Intelligence which is taking place now and let us have XBRL Reports leverage this as well to provide better value to its users.
IBCS (INTERNATIONAL BUSINESS COMMUNICATION STANDARDS (IBCS) has already developed Semantic Notations for standardization of visualizations so that it is easy to follow the variances or compare KPIs across different industries or within an organization period to period or across different organizations in the same industry.
To provide guidance I have shared the link from IBCS as given below and also shared a document as thumb rule guidance. The XBRL software developers can easily develop this in Inline XBRL.
There are plenty of resources in this website to follow and examples from Financial Reports of top organizations of the World.
http://www.ibcs-a.org/
I have also shared a White Paper on these Semantic Notations as an example as well.
Thank You,
Kind Regards,
Somnath Ray, CPA, Dip IFRS (ACCA UK)
Email: epmray@gmail.com
Cell: (425) 247 8864
Attachment SAP_IBCS_white_paper_2014-06-18.pdf