2021 US GAAP Financial and SEC Reporting Taxonomies

The 2020 GAAP Financial Reporting Taxonomy contains updates for accounting standards and other recommended improvements, including an initial set of Data Quality Committee Rules.


XBRL Fundamentals

Features: For EDGAR Filers • web-based training •

Get the in-depth, comprehensive training you need to consistently create high-quality XBRL-formatted financial statements for SEC reporting. The modules in this self-study program provide foundational level proficiency including an introduction to the XBRL standard, US GAAP Taxonomy, and the XBRL requirements in the United States for public companies that report to the SEC. You’ll learn […more]

Learn more about AICPA as an XBRL US Member.
Additional details: https://www.aicpastore.com/Accounting/xbrl-fundamentals/PRDOVR~PC-159980/PC-159980.jsp


FASB Taxonomy – Call for Comment: Derivatives and Hedging (Topic 815)

Friday, May 7 - Monday, July 5, 2021
Proposed Taxonomy Improvements for Proposed Accounting Standards Update Public Review hosted by FASB
Derivatives and Hedging (Topic 815)

Process Improvement Effective January 1, 2018, proposed Taxonomy Improvements to this Accounting Standards Update will have a formal comment period concurrent with the issuance of the Accounting Standards Update. This replaces the past practice of an annual 60-day comment period on the entire Taxonomy. FASB Staff Issues Proposed GAAP Taxonomy Improvements for a Proposed Accounting […more]


Webinar: DQC 15th Ruleset Public Review & SEC/FASB Support for Rules

2:00 PM EDT Wednesday, May 12, 2021
XBRL US Webinar
Watch / listen to replay

Attend this one-hour session for a review of the DQC public review ruleset 15, and learn how the SEC and FASB leverage the DQC rules. The public review includes nine rules specific to US GAAP filers, and one rule specific to IFRS filers. Categories of errors these rules are designed to identify, range from incorrect use of certain axes to problems in the consistency of facts reported over time.


Inline XBRL for Small Reporting Companies and Foreign Private Issuers – Session 2

2:00 PM ET Wednesday, May 26, 2021
XBRL US Webinar
Watch / listen to replay

SEC filers that are Small Reporting Companies and foreign private issuers should attend this 60-minute session on Inline XBRL and cover page tagging. Find out how and why investors and analysts use XBRL-formatted financials from small cap companies.


Center for Data Quality Committee Meeting

12 PM EDT Tuesday, June 29, 2021
XBRL US Web Conference
Register to attend

At this meeting, industry leaders will participate in discussions and plans for developing guidance and rules for use by public companies complying with the XBRL requirements of the US Securities and Exchange Commission. Learn about the Data Quality Committee.


SEC EDGAR Filer Manual Cites XBRL US DQC Rules

The Securities and Exchange Commission (SEC) announced the publication of the DRAFT EDGAR Filer Manual (Volume II) with an implementation date of March 22, 2021. The SEC announced a number of changes in EDGAR Release 21.1 including the fact that EDGAR will support XBRL US Data Quality Committee (DQC) rules in the US GAAP Taxonomy […more]


SEC Announces Public Review of FASB Proposed Implementation Guides

The Securities and Exchange Commission (SEC) announced that the FASB had published two new proposed implementation guides based on the 2021 US GAAP Financial Reporting Taxonomy which is currently under consideration by the SEC. The two proposed guides are available during a public comment period as noted below and will cover: Dimensional Modeling for Disclosures […more]


Center for Data Quality Committee Meeting

9 AM EDT Wednesday, March 24, 2021
XBRL US Web Conference

At this meeting, industry leaders will participate in discussions and plans for developing guidance and rules for use by public companies complying with the XBRL requirements of the US Securities and Exchange Commission. Learn about the Data Quality Committee.


Approved Validation Rules

The Data Quality Committee released version 14 of freely-available rules and guidance in February.These 66 rules are automated checks helping US GAAP and IFRS filers detect and resolve inconsistencies or errors in XBRL-formatted financials before submission to the Securities and Exchange Commission.