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XBRL Data Quality Checks Available in FASB US GAAP Financial Reporting Taxonomy

Feb 18, 2020 - Business Wire

XBRL US announced today that the Financial Accounting Standards Board (FASB) has incorporated freely available validation rules into the 2020 release of the US GAAP Financial Reporting Taxonomy. The rules, developed by the XBRL US Data Quality Committee (DQC) are used by public company filers to identify and resolve errors in their XBRL financials prior to submission to the Securities and Exchange Commission (SEC). The DQC has been building rules since 2015 and has introduced 10 rulesets coverin...