1.1 Element Selection

Issued: 6/27/14

Impact: All US GAAP

Company Extension Taxonomy

1.1.25 Pension Plan Purchases and Sales

Issue The roll forward of the pension plan assets for level 3 reconciles between the opening plan assets less any sales of the assets plus any purchases.  Payments of benefits are not included in this roll forward as the sale of the plan assets is used to pay the benefits. However, there are no elements […more]


1.1 Element Selection

Issued: 3/28/14

Impact: All US GAAP

Company Extension Taxonomy

1.1.24 Roll Forward Calculations & Components

Issue Every filing will contain a number of roll-forwards. We have seen very high error rates in these disclosures when reported in XBRL. One of the most common errors is in the cash flow statement where companies report the change in cash balances over a period. In a number of cases, companies report an increase/decrease […more]


1.1 Element Selection

Issued: 3/28/14

Impact: All US GAAP

Company Extension Taxonomy

1.1.23 Defined Benefit Plan Actuarial Gain (Loss)

Issue The element DefinedBenefitPlanActuarialGainLoss appears in the roll forward of the benefit obligation.  An actuarial gain will decrease the obligation and an actuarial loss will increase the obligation.  In the US GAAP taxonomy, this element is represented as an addition to the obligation.  Therefore, any gains could be entered as a negative and any losses […more]


1.1 Element Selection

Issued: 11/1/13

Impact: All US GAAP

Company Extension Taxonomy

1.1.22 Tagging Table Text Blocks with Multiple Tags

Issue When performing level 3 tagging of table text blocks the situation often arises where the table textblock includes a table that could be represented by 2 existing taxonomy elements.  For example if a company combined finite and indefinite disclosures in a single table would it be possible for the filer to tag the one […more]


1.1 Element Selection

Issued: 7/26/13

Impact: 2012 US GAAP, 2011 US GAAP, 2009 US GAAP

Company Extension Taxonomy

1.1.15 Redeemable Non-controlling Interests

Issue A number of companies have temporary equity in the form of redeemable equity to non-controlling interests.  As part of the US GAAP income statement, there are elements to represent net income attributable to non-controlling interests and income attributable to the consolidated entity and, in 2013, aggregate tags to represent Net Income attributable to redeemable […more]


1.1 Element Selection

Issued: 7/26/13

Impact: 2011 US GAAP, 2009 US GAAP

Company Extension Taxonomy

1.1.12 Reporting Deferred Tax Liability Not Recognized

Issue We have had a number of requests from data consumers to retrieve information related to the undistributed earnings of foreign subsidiaries that are intended to be permanently reinvested offshore.  This information is required to be reported if a company has unremitted foreign earnings that have not been reported as a deferred tax liability.  There […more]


1.1 Element Selection

Issued: 7/26/13

Impact: All US GAAP

Company Extension Taxonomy

1.1.10 Common Stock Value Issued

Issue In the example below, a company reports common stock and does not have any treasury stock.  There have been varied practices with respect to tagging this line item: Some filers choose Alternative 1: Element: CommonStockValue Documentation: Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option […more]


1.1 Element Selection

Issued: 7/26/13

Impact: All US GAAP

Company Extension Taxonomy

1.1.4 Tagging No Par

Issue In an analysis of filings last quarter, it was observed there is a difference in how a number of registrants define and tag “no par.”  There are three common approaches that were identified: Approach 1: Tagging the fact with the element CommonStockNoParValue and a value of 0. Approach 2: Tagging the fact with the […more]


1.1 Element Selection

Issued: 4/26/13

Impact: All US GAAP

Company Extension Taxonomy

1.1.21 Combined Statutory Tax Rate

Issue In a number of cases, companies combine the federal and provincial state rates as a starting point for the tax reconciliation. Figure 16. Tax Reconciliation However, the US GAAP taxonomy reconciliation starts with the federal tax rate. In these cases, should the filer create an extension element for the combined rates and also create […more]


1.1 Element Selection

Issued: 3/8/13

Impact: 2013 US GAAP

Company Extension Taxonomy

1.1.20 Gains and Losses on Investments

Issue In the 2012 Taxonomy, the accumulated gains and losses on Available-for-Sale and Held-to-Maturity securities had the elements representing accumulated gains as a debit amount and accumulated losses as a credit amount.  In 2013, these balance attributes were changed to reflect the amounts of unrealized gain or loss for AOCI for Available-for-Sale securities. As a […more]