The rule evaluates each line in the financial statements representing an aggregation based on the elements defined in the calculation linkbase. If the sum of the child elements does not equal the value reported for the aggregation then an error is reported. The rule will only run for the period representing the required context.
The rule evaluates each line in the financial statements representing an aggregation based on the elements defined in the calculation linkbase. If the sum of the child elements does not equal the value reported for the aggregation then an error is reported. The rule will only run for the period representing the required context.
Elements that should not be reported with negative values. Documentation includes a list of elements tested.
The 2022 GAAP Financial Reporting Taxonomy (GRT) contains updates for accounting standards, Data Quality Committee Rules and other improvements since the 2021 Taxonomy as used by issuers filing with the U.S. Securities and Exchange Commission (SEC).
Join XBRL US in a Q&A discussion with the Securities and Exchange Commission (SEC) about the sweeping final rule “Filing Fee Disclosures and Payment Methods Modernization“.
XBRL was mandated for Closed-End Funds by the SEC. Details for the 2021 Q4 release can be found here.
The Financial Accounting Standards Board (FASB) staff recently issued for comment the following:
The comment period ends on September 23, 2021.
Much was accomplished in 2020, in large part thanks to members of XBRL US. Our work together sets the stage for an exciting 2021.
Attend this 60-minute session to learn about new XBRL technical requirements that will impact the US GAAP Taxonomy in 2021. Learn today, be ready tomorrow.
Elements that should not be reported with negative values. Documentation includes a list of elements tested.
The national consortium for
the business reporting standard
