Items tagged with "data quality"

How are U.S. governments spending YOUR tax dollars?

USAFacts, DFIN and XBRL US

Data from U.S. public companies has been produced in machine-readable format for over ten years. But data from U.S. federal, state and local governments is still posted in paper-based documents. Governments should be as accountable to taxpayers as corporations are to shareholders.


XBRL US Data Quality Committee Public Exposure of 12th Ruleset

US GAAP and IFRS filers, investors, XBRL providers encouraged to participate The XBRL US Data Quality Committee (DQC) has published its 12th Ruleset for a 45-day public review and comment period, which closes on June 1, 2020. DQC rules aid US GAAP and IFRS  issuers in preparing consistent, error-free financials, by providing automated checks that […more]


Public Exposure for Comment – Data Quality Committee Rules

Wednesday, April 15 - Monday, June 1, 2020
XBRL US Public Review
Read about rules and comment

The XBRL US Center for Data Quality kicked off its twelfth public exposure period on April 15 and the comment period closes on June 1, 2020. The 45-day review period includes freely available, proposed rules. The Data Quality Committee seeks comment on three new automated validation rules. Investors, analysts, public company accountants, data aggregators, tool […more]


Public Exposure for Comment – Data Quality Committee Guidance

Monday, March 16, 2020 - Friday, May 1, 2020
XBRL US Public Review
Read about guidance and comment

The XBRL US Center for Data Quality seeks comment on its Variable Interest Entities Guidance during a 45-day review period that will end on Friday, May 1, 2020. This Guidance is designed to address the introduction of the ConsolidatedEntitiesAxis in the 2020 US GAAP Taxonomy. US GAAP taxonomies up to 2019 included in the VIE […more]


DQC Rules are now available in the FASB US GAAP Taxonomy. Shouldn’t every SEC filer use them?

Heather Krupa, CPA, Controller at Global Water Resources

DQC Rules are now available in the FASB US GAAP Taxonomy. Shouldn’t every SEC filer use them?


XBRL Data Quality Checks Available in FASB US GAAP Financial Reporting Taxonomy

XBRL US announced today that the Financial Accounting Standards Board (FASB) has incorporated freely available validation rules into the 2020 release of the US GAAP Financial Reporting Taxonomy. The rules, developed by the XBRL US Data Quality Committee (DQC) are used by public company filers to identify and resolve errors in their XBRL financials prior […more]


Approved Validation Rules

The Data Quality Committee released version 11 of freely-available rules and guidance in February. These 53 rules are automated checks that help filers using US GAAP and IFRS Taxonomies supported by the US Securities and Exchange Commission detect and resolve inconsistencies or errors in XBRL-formatted financial data.


Center for Data Quality Committee Meeting

9 AM - Noon ET Wednesday, April 1, 2020
XBRL US Meeting, 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.


XBRL US Data Quality Committee Public Review for 11th Ruleset

SEC filers, investors, XBRL providers encouraged to review and comment The XBRL US Data Quality Committee (DQC) has published its 11th Ruleset for a 45-day public review and comment period, which closes on January 3, 2020. DQC rules aid issuers in preparing consistent, error-free financials, by providing automated checks that test an XBRL-formatted financial statement […more]


Public Exposure for Comment – Taxonomy Development Handbook

Tuesday, November 19, 2019 - Friday, February 21, 2020
XBRL US Public Review
Read the Handbook and comment

The Taxonomy Development Handbook (TDH) is a comprehensive guide that directs regulators, industry experts, and businesses through a practical, consistent roadmap to building high quality data standards using XBRL. This draft release was developed by the XBRL US Domain Steering Committee (DSC) for a 90-day public review period that ends on February 21, 2020.