Issue In some cases, we have noticed that the PreferredStockMember is used as a class of stock on the StatementClassOfStockAxis, and is absent from the StatementEquityComponentsAxis. The StatementEquityComponentAxis represents the components of stockholders’ equity and should include preferred stock, if it exists. Recommendation When defining the statement of shareholders’ equity, members that are defined on […more]
Issue The parent company member should only be used to record the financial details of the parent holding company. A reporting entity could either report the value of the consolidated entity or the financials of the holding company as a standalone entity. In a number of cases, we have identified entities that have reported the […more]
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 Filers have expressed concern when tagging multiple classes of stock in the DEI. The documentation label for the element EntityCommonStockSharesOutstanding explictly suggests defining the Class of Stock members on the InstrumentDomain of the EntityListingsInstrumentAxis. This guidance is inconsistent with the EDGAR Filer Manual at 6.5.26, which requires member placement in this scenario on the […more]
Issue In a number of cases, companies are extending to represent countries as members on an axis. Specifically, the member for Canada has been created as an extension for over 30 filings. However, these country members are already defined in the taxonomy for each country. Recommendation If representing a country, use the members already defined […more]
Issue Concerns have been raised about the ability to identify the financial report type in an XBRL instance, e.g., balance sheet, income statement. To compensate, data aggregators have been using text matching to identify to a report which is ambiguous and may not be accurate. We expect that this will become harder as notes are […more]
Issued: 10/18/10
Impact: 2013 US GAAP, 2012 US GAAP
Company Extension Taxonomy
Superseded by Reporting the Values of Another Entity in a Filing
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]
The national consortium for
the business reporting standard
