Issue Sometimes filers create an extended element when reporting partnership or other equity units in their Document and Entity Information (DEI). The element EntityCommonStockSharesOutstanding includes documentation that is specific to “classes of common stock” and, therefore, some filers have chosen to extend an element to report partnership or other equity-related units. Recommendation Rather than extending […more]
Issue The property, plant and equipment element has been used in a number of cases to exclude capitalized leases. Although not specifically stated, the calculation linkbase in the taxonomy indicates that capitalized leases are included in the total of property, plant and equipment. A number of companies have created extensions for property, plant and equipment […more]
Issue In a number of cases, companies have used accrual items to represent cash flow items. Overloading these elements to represent both the accrual and the cash flow undermines the ability of analysts to accurately calculate a company’s cash flow from operations. For example, filers have taken accrual items typically found in the shareholders’ equity […more]
Issue Review of XBRL filings shows that a number of companies have reported the default value of the SharesIssued tag on the statement of shareholders’ equity as the value of shares outstanding. This element’s definition is “Number of shares of stock issued as of the balance sheet date, including shares that had been issued and […more]
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the business reporting standard
