Items tagged with "data quality"

XBRL US Data Quality Committee Approves 7th Ruleset

8th Ruleset published for public review and comment period The XBRL US Data Quality Committee (DQC) has finalized, approved, and published its 7th Ruleset which includes 13 types of validation checks for filings prepared using the US GAAP Financial Reporting Taxonomy as well as two guidance documents. The DQC also published an 8th Ruleset for […more]


Public Exposure for Comment – Data Quality Committee Rules

Monday, December 17 - Friday, February 1, 2019
XBRL US Public Review
Read about rules and comment

The XBRL US Center for Data Quality kicked off its eighth public exposure period on December 17 and the comment period closes on February 1, 2019. The 45-day review period includes freely available, proposed rules. The Data Quality Committee seeks comment on two new automated validation Rules – Member Extensions and Negative Values (for IFRS […more]


Public Exposure of Guidance & Validation Rules

In the current public exposure period of rules and guidance for public company filers, the Data Quality Committee (DQC) seeks comment on version 8 of the DQC Rules for Extension Members for US GAAP and IFRS filings and Negative Values for IFRS filings only through Friday, February 1, 2019.


The right tools for when it absolutely, positively, has to be done right.

Ami Beers, Director — Assurance and Advisory Services, Corporate Reporting, Association of International Certified Professional Accountants (AICPA); Member, XBRL US Data Quality Committee

Preparing a perfect turkey is critical for a successful Thanksgiving. Preparing quarterly financial statements is another activity where “getting it right” is critical. The risk of mistakes has significant downsides, ranging from SEC sanction to negatively affecting your company stock price.


Point of View

The right tools for when it absolutely, positively, has to be done right.

Preparing a perfect turkey is critical for a successful Thanksgiving. Preparing quarterly financial statements is another activity where “getting it right” is critical. The risk of mistakes has significant downsides, ranging from SEC sanction to negatively affecting your company stock price.


White Paper: XBRL US Center for Data Quality, an industry initiative for the common good

XBRL US white paper “XBRL US Center for Data Quality, an industry initiative for the common good”, details timeline, milestone and accomplishments to date including significant reduction in errors, greater engagement with regulators and expanding usage of XBRL data.


Data Quality Certification

The applications linked below have been reviewed and found to: incorporate the set of approved XBRL US Data Quality Committee rules, as noted next to each application, and successfully run the rules on XBRL filings to produce expected results. The latest approved version of the DQC rules and guidance validations is 7, supporting US GAAP […more]


Approved Guidance & Validation Rules

In October, 2018, the Data Quality Committee – a collaborative of public companies, providers and data users working to improve standardized financial reporting – approved version 7 of freely-available rules and guidance to 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.


XBRL US Announces RDG Filings 2019 Support for Center for Data Quality

XBRL US announced today that RDG Filings, a full service XBRL preparation and provider of disclosure management tools, has renewed their membership in the XBRL US Center for Data Quality for 2019. The Center for Data Quality is an industry-driven collaborative with a mission to address the public’s concerns about the quality and usability of […more]


Center for Data Quality Committee Meeting

3:00 - 5: 00 PM Wednesday, December 5, 2018
XBRL US Web Conference
Register to attend online

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.