Items tagged with "guidance"

Public Exposure of Validation Rules & Guidance

The Data Quality Committee (DQC) seeks comment through Tuesday, December 15, 2020, on six new rules plus guidance for filers using the IFRS Taxonomy for SEC filings. XBRL US Members and public company personnel can use our secure service to check their filings with version 14, which includes approved and public exposure rules.


FERC Filers

XBRL US and an alliance of companies have formed the XBRL US Center for Data Quality to address concerns about, and to improve the utility of, XBRL financial data filed with the U.S. Securities and Exchange Commission (SEC).


XBRL US Data Quality Committee Public Exposure of 13th Ruleset for US GAAP Filers

The DQC is holding a webinar on Wednesday, August 19 at 3 PM EDT to explain the new draft and finalized rules, and to review an in-depth analysis of recent trends in filer errors made in SEC submissions. Register for the free webinar.


Public Exposure for Comment – Data Quality Committee Rules

Saturday, August 1 - Thursday, September 17, 2020
XBRL US Public Review
Read about rules and comment

The XBRL US Center for Data Quality kicked off its 13th public exposure period on August 1 and the comment period closes on September 17, 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]


XBRL US Publishes Guidance for Regulators Building Financial Data Standards Programs

The Taxonomy Development Handbook is a comprehensive guide for regulators, industry experts, and businesses to build consistent, high quality data standards that are easy to implement and that produce data that is easy to consume. Attend a free webinar about the resource on Wednesday, August 12 at 3 PM EDT.


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]


SEC on Availability of FASB Implementation Guides

The SEC announced the availability of FASB Implementation Guides covering the following topics: Accounting Changes Financing Receivable and Current Expected Credit Loss Disclosures Insurance—Long-Duration Contracts Leases under Topic 842 Retirement Benefits—Phase 3 Revenue from Contracts with Customers (Including Statement Presentation of Revenue and Cost of Revenue) Read the announcement. Access the guides.  


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]


Approved Validation Rules

The Data Quality Committee released version 12 of freely-available rules and guidance in July. These 58 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.


Novaworks LLC on XBRL US Taxonomy Development Handbook

Novaworks LLC posted a blog describing the newly released Taxonomy Development Handbook (TDH). Read the blog. Access the TDH and participate in the public review.