Assertion Severity Specification moves to “Recommendation” Status
The XII Board of Directors has approved the Assertion Severity specification as “XBRL Recommendation”. This is a modular addition to the XBRL Formula specification that allows validation rules to be classified according to their severity. This is to meet requirements from a number of XBRL implementations for formula rules that are treated as “warnings”, and thus do not cause rejection of a filing, and for validation messages that are purely informational, and not suggestive of any defect in the filing.
