FCA launches new Data Platform
The UK’s Financial Conduct Authority (FCA) recently announced the launch of their new user-friendly data collection platform, RegData.
Items tagged with "Data Quality"
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XBRL US publishes DQC 12th Ruleset
This week the XBRL US Data Quality Committee (DQC) published its 12th Ruleset for public review.
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Defining Mandatory Fact Rules? New guidance available.
The use of XBRL can greatly enhance data quality in a reporting ecosystem through the use of automated validation rules. Such rules often include “mandatory fact” rules — facts that are required to be included in every report. The Taxonomy Architecture Guidance Task Force (TAGTF) under the leadership of XBRL International’s Best Practices Board has […]
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Updated Guidance explains new Extensible Enumeration Features
Extensible Enumerations is a powerful feature of XBRL that enables the creation of concepts that take a value from a pre-defined list.
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XBRL US Data Quality Checks Now Available inside FASB Taxonomy
The Financial Accounting Standards Board (FASB) has incorporated the DQC validation rule documentation into the 2020 release of the US GAAP Financial Reporting Taxonomy. The validation rules, developed by the XBRL US Data Quality Committee (DQC), are used by filers to check the accuracy of their data before they submit it to the SEC. This […]
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EBA issues updates to improve Data Quality
The European Banking Authority (EBA) recently published an updated list of validation rules and related XBRL taxonomy with the aim of improving data quality for reporting framework v 2.9. The updates include new and amended validation rules, severity status changes and new deactivations/reactivations of validation rules. It will help ensure reported data is accurate and […]
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Watch a Webinar on the 9th Ruleset
Want to know more about the recently released Data Quality Committees 9thRuleset? This week XBRL US hosted a webinar discussing the changes proposed in the ruleset, which is out for public review and comment until 15 June. In addition to expanding on many existing rules, the 9th ruleset contains a new category of checks that […]
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Third Round of DQC Rules Released.
XBRL US’s DQC Committee Releases New Tranche of Machine Executable Rules.
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Politics and Regulation in the US
Business Reporting is both a political and regulatory exercise, and there have been recent movements on both fronts in the US.
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Data Quality Committee Seeks Public Review of Additional Validation Rules and Guidance for SEC Filers
XBRL US is seeking public comment on five new sets of validation rules to address common XBRL input errors.
