Status: draft

This version of the ACFR Taxonomy was open for comment between July 15 and August 15, 2022. The Release Candidate built on the previous Demonstration Release (May, 2021) and included support for schedules required by the Michigan Treasury, as a result of a grant-funded pilot conducted by the University of Michigan’s Center for Local, State and Urban Policy (CLOSUP).

In October, 2022, the updated ACFR was incorporated into the 2022 Government Reporting Information Package Taxonomy (GRIP).

Inline XBRL Samples

The sample HTML reports below are based on the v1.0RC11 Release Candidate, displayed using a viewer developed by the US SEC to support public company financial reporting. Download the inline XBRL sample instance documents (.zip).

County of Ogemaw (Michigan) Annual Comprehensive Financial Report for the year ended September 30, 2020 – contributed by XBRL US Member Iris Business Services LLC

Pine River Township (Michigan) Annual Comprehensive Financial Report for the year ended March 31, 2019 – contributed by XBRL US Member Iris Business Services LLC

City of South Haven (Michigan) Annual Comprehensive Financial Report for the year ended June 30, 2020 – contributed by XBRL US Member Iris Business Services LLC

Utah County (Utah) Annual Financial Report for the year ended December 31, 2020 – contributed by XBRL US Member DataTracks

The taxonomy is a project of the XBRL US Standard Government Reporting Working Group to test the premise that standards can improve efficiencies by automating the process of creating, collecting, and analyzing government data. Feedback is received during public review periods and incorporated into this latest version.

ACFR Taxonomy, Release Candidate v1.0RC11

Presentation views of each statement and plan data, as well as the Single Audit Report schedules, can be downloaded as an Excel spreadsheet (.xls).

A summary of initial validation rules developed for machine-readable ACFRs using the XULE syntax is also posted as an Excel file. These rules can be run on ACFR filings with the free, open-source Arelle XBRL processor – see https://github.com/xbrlus/acfr/tree/master/Rules for details.

3 comments on “ACFR Taxonomy 2022”

  1. Marc Joffe says:

    Section 801600 – Disclosures – Long-Term Debt should reference GASB Codification Section 2300 Paragraph 120.

  2. Marc Joffe says:

    In section 800000, I recommend changing the definition of CostOfLivingAdjustment to “Inflation-related changes to benefit payments promised to retirees”. I also recommend changing the Type to stringItemType to accommodate entries such as :Change in CPI capped at 3%” which is a common inflation adjustment.

  3. Dennis Münkle says:

    Please see our minor technical comments attached. Thank you for the outstanding work!

Comments are closed.

Comment