Data Quality Rules Development Working Group

The Rules Development Working Group is composed of members of the Center for Data Quality and is responsible for the initial development of data quality rules and guidance exposed for public comment by the Data Quality Committee. This group meets every two weeks to review filing patterns, consider data quality issues and propose automated rules […more]


2023 Executive Compensation Disclosure Taxonomy

Family ECD Version 2023 Taxonomy Guide https://xbrl.sec.gov/ecd/2023/ecd-taxonomy-guide-2023-03-20.pdf Release Notes https://xbrl.sec.gov/doc/releasenotes-2023.pdf Zip https://xbrl.sec.gov/2023.zip Schemas: https://xbrl.sec.gov/ecd/2023/ecd-2023.xsd https://xbrl.sec.gov/dei/2023/dei-2023.xsd https://xbrl.sec.gov/ecd/2023/ecd-sub-2023.xsd Automatically imported: https://www.xbrl.org/dtr/type/2022-03-31/types.xsd https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd Common Taxonomy Files


2023 Closed-End Fund Taxonomy

Family CEF Version 2023 Taxonomy Guide https://xbrl.sec.gov/cef/2023/cef-taxonomy-guide-2023-03-20.pdf Zip https://xbrl.sec.gov/2023.ziphttps://xbrl.sec.gov/cef/2023/cef-samples-2023.zip Schemas: https://xbrl.sec.gov/cef/2023/cef-2023_pre.xsd https://xbrl.sec.gov/cef/2023/cef-2023.xsd https://xbrl.sec.gov/dei/2023/dei-2023.xsd Automatically imported: https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd https://www.xbrl.org/dtr/type/2022-03-31/types.xsd May be explicitly imported: Common Taxonomy Files


FASB Call for Comment – the 2024 SRT and DQCRT

Wednesday, September 5, 2023 - Monday, November 6, 2023
Comment Period hosted by FASB
Visit FASB's XBRL page

The Financial Accounting Standards Board (FASB) staff recently issued for comment the following: Proposed technical and other conforming improvements for the 2024 SEC Reporting Taxonomy (SRT) (File Reference No. 2024-1000) The comment period for the proposed technical and other conforming improvements for the SRT ends on November 6, 2023. Interested parties may provide comments on […more]


FASB Request for Comment: Proposed ASU – Financial Instruments-Credit Losses

The Financial Accounting Standards Board (FASB) published a request for comment on proposed GAAP Taxonomy Improvements for the Proposed ASU—Financial Instruments-Credit Losses (Topic 326): Purchased Financial Assets.  The proposed Update would require the application of that single accounting approach to all acquired financial assets (with exceptions) based on seasoning criteria. Comments are due by August […more]


FASB Proposed GAAP Taxonomy Improvements: Stock Compensation

The Financial Accounting Standards Board (FASB) staff have issued for comment proposed GAAP Taxonomy Improvements for an Update on Stock Compensation (Topic 718): Scope Application of Profits Interest Awards.  Read the Release Notes. The comment period on the proposed GAAP Taxonomy Improvements for the proposed Update ends on July 10, 2023. Interested parties may provide […more]


FASB Proposed GAAP Taxonomy Improvements: Accounting & Disclosure of CryptoAssets

The Financial Accounting Standards Board (FASB) issued for comment proposed GAAP Taxonomy Improvements for the Proposed Accounting Standards Update—Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets, to improve the accounting for and disclosure of certain crypto assets. Comments are due by June 6, 2023. Read the action alert: FASB Staff […more]


FASB Proposed GAAP Taxonomy Improvements: Income Tax Disclosures

The Financial Accounting Standards Board (FASB) issued for comment proposed GAAP Taxonomy Improvements for the Proposed Accounting Standards Update—Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The comment period for this public exposure ends on May 30, 2023. Read the action alert:  FASB Staff Issues Proposed GAAP Taxonomy Improvements for Proposed ASU on Improvements […more]


FASB Announcement: SEC Acceptance of 2023 GAAP Financial Reporting Taxonomy and SRT

The Financial Accounting Standards Board (FASB) announced that the Securities and Exchange Commission (SEC) has accepted the 2023 GAAP Financial Reporting Taxonomy and the 2023 SEC Reporting Taxonomy. The FASB also finalized the 2023 DQC Rules Taxonomy. Read the FASB announcement: XBRL SEC Accepts GAAP Taxonomies Action Alert_20230321


Approved Validation Rules

The Data Quality Committee approved version 21 of freely-available rules and guidance in July. There are now 114 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.