Items tagged with "Calculations"

Calculations 1.1: getting rid of the noise

XBRL Calculations can play an important role in ensuring the quality and accuracy of a financial report, and can flag up errors in both the XBRL tagging and the underlying numbers.  Unfortunately, until now, calculation validation reports have been hampered by false positives — validation messages that don’t reflect real issues in the report. The […]

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FASB invites comment on updated taxonomies

The US Financial Accounting Standards Board (FASB) has published its proposed 2024 DQC Rules Taxonomy (DQCRT), with accompanying release notes.

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Calculations Guidance

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.

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Calc 1.1 reaches Recommended Status

This week the XBRL International Board of Directors voted unanimously to finalise the Calculations 1.1 Specification and move it to Recommendation status.

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Calculations 1.1 Proposed Recommendation published

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.

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Steps forward for Calculations 1.1

The XBRL Standards Board has approved a further Candidate Recommendation of the Calculations 1.1 specification.

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Calculations, new formats, and Formula: latest technical updates from XBRL International

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.

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Revisions to Calculations 1.1 ensure global utility

The XBRL Standards Board has approved a second Candidate Recommendation of the Calculations 1.1 specification, with improvements to ensure full international applicability.

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Calculations 1.1: Call for Implementations

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.

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New draft calculations specification available for review

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.

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