1.7 Extension Taxonomy

Issued: 6/29/12

Impact: All US GAAP

Company Extension Taxonomy

1.7.1 Removal of Unused Elements from the Company Extension

Issue A large proportion of filer time is spent removing and adding elements between 10-Q and 10-K filings. A number of advisors are recommending that unused elements and disclosure groups be removed when not in use in a filing. In subsequent filings, such as the 10-K, these removed elements should be added back. A number […more]