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Items tagged with "Data Quality"

XBRL US Data Quality Committee approves new validation rules

The XBRL US Data Quality Committee (DQC) recently approved nine new validation rules, following public review and comment. This latest instalment of the Committee’s valuable ongoing work takes the total number of freely available DQC-approved rules to 83, applying to many hundreds of reporting concepts.

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Updates from South Africa: XBRL for state-owned companies, plus new taxonomy and data quality framework

July 2021 saw the third anniversary of the implementation of Inline XBRL for financial reporting in South Africa.

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New data quality rules: 2022 DQC Rules Taxonomy out for review

In the United States, the Financial Accounting Standards Board (FASB) has published its proposed DQC Rules Taxonomy (DQCRT) and Technical Guide for 2022, including a number of new rules. It is now available for public review and comment until 23 September 2021.

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XBRL US consults on latest DQC Ruleset for data checks

The XBRL US Data Quality Committee (DQC) has published its 16th Ruleset for a 45-day public review and comment period, running until 31 August 2021.

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Toppan Merrill discusses data quality rules with XBRL US and FASB

As we reported in March, filers to the US Securities and Exchange Commission (SEC) must now follow a number of rules from the XBRL US Data Quality Committee (DQC).

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Insights on validation from CoreFiling

Our (many!) readers concerned with data quality, and the processes involved in validation, may be interested in a new blog series on validity in XBRL from CoreFiling, from Executive Chairman Philip Allen.

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Testing data quality with latest DQC Ruleset from XBRL US

The XBRL US Data Quality Committee has published its 15th Ruleset for a 45-day public review and comment period, which closes on 2 June 2021. The draft ruleset includes eight new rules specific to US GAAP filers, and one for IFRS filers.

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SEC EDGAR Filer Manual incorporates certain XBRL US data quality rules

We’re delighted to see the US Securities and Exchange Commission (SEC) incorporate a number of the DQC data quality rules in the revised EDGAR Filer Manual (Volume II), with an implementation date of 22 March 2021.

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A digital future: We respond to BEIS on Companies House reforms

XBRL International has responded to the consultation by the UK’s Department for Business, Energy & Industrial Strategy (BEIS) on a significant overhaul of the powers and role of Companies House, that country’s national business registrar.

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News Item

SEC increasingly supportive of DQC Rules

The XBRL US Data Quality Commission (DQC) publishes validation rulesets designed to improve the quality and usability of XBRL data by allowing issuers to test their data before submission. While the DQC has been around since 2015, recent events indicate that the US Securities and Exchange Commission (SEC) increasingly acknowledges the value and importance of […]

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