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]
Application of the Data Quality Committee’s (DQC) freely-available, open-source rules and guidance by public companies and their filing agents as partners has resulted in reduction in the overall number of issues noted by the DQC in EDGAR filings since the collaborative effort of industry stakeholders – filers, filing agents, data providers, academics, standard-setters and member associations – was launched in 2015.
Issuers encouraged to use the rules to identify and resolve data quality errors in financials XBRL US announced that it had published the second set of approved rules and guidance developed by the Data Quality Committee (DQC), which are now freely available for issuers to use to identify and correct errors in their filings. The […more]
US GAAP Investment Management Final 2005-06-28 Approved XBRL Specification 2.1 Recommendation dated 2003-12-31 (with Corrected Errata through 2005-04-25) This financial reporting taxonomy is intended to provide detail level accounting terms and reporting structures required by certain US GAAP-based investment management companies in order to tag financial statements in XBRL. This taxonomy imports key elements of […more]
Application of the Data Quality Committee’s (DQC) freely-available, open-source rules and guidance by public companies and their filing agents as partners has resulted in reduction in the overall number of issues noted by the DQC in EDGAR filings since the collaborative effort of industry stakeholders – filers, filing agents, data providers, academics, standard-setters and member associations – was launched in 2015.
Certain axes in the US GAAP taxonomy should only have certain members as shown in the US GAAP taxonomy. This rule tests whether these axes have inappropriate members.
This rule identifies those cases where the following elements have not been tagged with appropriate members and values and checks that they are tagged appropriately based on FASB guidance. These two elements must be used in conjunction with the axis DefinedBenefitPlanByPlanAssetCategoriesAxis.
Application of the Data Quality Committee’s (DQC) freely-available, open-source rules and guidance by public companies and their filing agents as partners has resulted in reduction in the overall number of issues noted by the DQC in EDGAR filings since the collaborative effort of industry stakeholders – filers, filing agents, data providers, academics, standard-setters and member associations – was launched in 2015.
Application of the Data Quality Committee’s (DQC) freely-available, open-source rules and guidance by public companies and their filing agents as partners has resulted in reduction in the overall number of issues noted by the DQC in EDGAR filings since the collaborative effort of industry stakeholders – filers, filing agents, data providers, academics, standard-setters and member associations – was launched in 2015.
The national consortium for
the business reporting standard
