The US Financial Accounting Standards Board (FASB) has published its proposed 2024 DQC Rules Taxonomy (DQCRT), with accompanying release notes.
Following the publication of the Calculations 1.1 specification as an XBRL Recommendation last month, the XBRL International Best Practices Board this week approved new guidance on optimal processes for adopting Calculations 1.1.
This week the XBRL International Board of Directors voted unanimously to finalise the Calculations 1.1 Specification and move it to Recommendation status.
The new Calculations 1.1 specification reached an important milestone this week with publication as a Proposed Recommendation. The new specification provides an incremental improvement on XBRL’s existing calculation functionality by providing better handling of rounded numbers.
The XBRL Standards Board has approved a further Candidate Recommendation of the Calculations 1.1 specification.
At this week’s 30th XBRL Europe Conference in Paris, our Technical Director, Paul Warren, gave an update on current technical activities within XBRL International.
The XBRL Standards Board has approved a second Candidate Recommendation of the Calculations 1.1 specification, with improvements to ensure full international applicability.
The Calculations 1.1 specification has this week reached Candidate Recommendation status, following approval by the XBRL Standards Board. Its promotion is accompanied by a Call for Implementations.
The XBRL Standards Board has approved the publication of an initial Public Working Draft of the Calculations 1.1 specification and an accompanying requirements document.