Data Quality Committee - Entries from November 2020

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Monday, November 09. 2020

FASB Seeks Public Comment on XBRL US Data Quality Committee Rules Taxonomy and Technical Guides

The Financial Accounting Standards Board (FASB) has published the proposed 2021 XBRL US Data Quality Committee Rules Taxonomy (DQCRT) and its corresponding technical guide. The DQCRT integrates XBRL US Data Quality Committee (DQC) validation rules in the US GAAP Financial Reporting Taxonomy for discretionary use by filers. The FASB has also issued its own SEC Reporting Taxonomy technical guide for the proposed 2021 SEC Reporting Taxonomy.
Continue reading "FASB Seeks Public Comment on XBRL US Data..." »

Posted by

The Novaworks Team

in Data Quality Committee, FASB News, US GAAP Taxonomy, XBRL at 09:45

Friday, November 06. 2020

XBRL US DQC Releases Ruleset 14

XBRL US is seeking public review and comment on the fourteenth release of the Data Quality Committee (DQC) rules. The DQC rulesets are intended to help filers avoid mistakes and data inconsistencies which in turn reduces negative effects on the accuracy and timeliness of reported financial information.
Continue reading "XBRL US DQC Releases Ruleset 14" »

Posted by

The Novaworks Team

in Data Quality Committee, IFRS Taxonomy, US GAAP Taxonomy, XBRL at 10:51

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