The XBRL US Taxonomy Approval and Metrics Process (TAM) document has been revised and updated by the Domain Steering Committee and is available for comment through April 5. The TAM is designed to be used by developers as they build new taxonomies or update existing taxonomies, to facilitate the creation of consistent, high-quality, easy-to-use taxonomies.
Items tagged with "guidance"
The Data Quality Committee – a collaborative of public companies, service providers and others working to improve standardized financial reporting – approved rules and guidance for the Statement of Cash Flows in October, 2017. Version 5.1.0 of these freely-available resources was released in February, 2018, and is designed to help public companies detect inconsistencies or errors in their XBRL-formatted financial data.
The XBRL US Center for Data Quality kicked off its fifth public exposure period on July 19 and the comment period closes on September 5. The 45-day review period includes freely available, proposed rules, in addition to a detailed guide on how to prepare XBRL-formatted cash flow statements that produce good quality financial data. The […more]
The XBRL US Center for Data Quality kicked off its fourth public exposure period on June 30 and the comment period closes on August 15. The 45-day review period includes two new rules – Reversed Calculation and Dimensional Equivalents – as well as additions to the existing Negative Values rule. Investors, analysts, public company accountants, […more]
Experience gained through education, data processing and analysis, committee involvement and specification development is recognized through XBRL Achievements. Find out more about XBRL US Members who help establish, maintain and implement the business reporting standard.
Creating consistent, high-quality, easy-to-use taxonomies requires setting standards for development work. The XBRL US Style Guide has been updated to reflect current standards and is now out for a 90-day public review period. This webinar will provide a review of the Style Guide.
XBRL US started a 90-day public exposure period on April 17 for the XBRL US Style Guide which has been revised and updated by the Domain Steering Committee. The comment period closes on July 17. The Style Guide is designed to be used by developers as they build new taxonomies or update existing taxonomies, to […more]
The XBRL US Center for Data Quality kicked off its fourth public exposure period on June 30 and the comment period closes on August 31. The 45-day review period includes new rules as well as additions to existing rules, and Guidance on Tagging Axis and Members Using the US GAAP Taxonomy. Investors, analysts, public company accountants, […more]
XBRL US Certifies Applications that Successfully Incorporate Data Quality Committee Rules for SEC Filers
XBRL US today announced that five companies have received certification that they have successfully incorporated the initial set of validation rules developed by its Data Quality Committee (DQC) in their software applications for preparing filings submitted to the Securities and Exchange Commission (SEC) . XBRL US has tested these software applications to confirm that the […more]
What are the conditions for determining when a calculation relationship is required? The Commission’s rules require filers to include calculation relationships for certain contributing line item elements for financial statements and related footnotes. Read More – http://www.sec.gov/spotlight/xbrl/staff-interps.shtml#E.27