XBRL US publishes DQC 12th Ruleset

The XBRL US Data Quality Committee (DQC) has finalized, approved, and published its 12th Ruleset for public review. The DQC helps enhance data accuracy by providing US GAAP and IFRS filers with freely available automated checks that can test an XBRL financial statement prior to SEC submission. Using the rules helps issuers find and correct errors, ensuring that regulators and markets get good quality data and an accurate view of a firm’s finances. The latest DQC 12th […]

SEC

XBRL US Data Quality Committee Approves Sixth Ruleset for IFRS and US GAAP Filings

On May 31, 2018 the XBRL US Data Quality Committee (DQC) recently released its sixth ruleset regarding SEC (Securities and Exchange Commission) filings that use either the IFRS or US GAAP taxonomies, to provide guidance and aid for issuers in identifying errors in their XBRL filings. It aims to help the users to reduce the mistakes or errors or data inconsistency which can affect the analysis of the reported financial information. Here are some of the […]