US GAAP XBRL taxonomy is released for comment

  • XBRL (eXtensible Business Reporting Language) (mid blue) Image

22 Dec 2007

XBRL US Inc. has publshed 'Beta release 1.0' of the XBRL US GAAP Taxonomies and Documentation for a four month comment period ending 4 April 2008.

The XBRL US GAAP Taxonomies are collections of financial reporting concepts that companies will use to report their financial statements in XBRL. Each financial reporting concept in the Taxonomy is an element or 'tag'. Elements in the taxonomy cover all US GAAP reporting requirements for both the primary financial statements (for example, the balance sheet) and the notes to the financial statements. Additionally, the Taxonomy provides elements that cover common financial reporting practices. A preparer's guide is available online or for download. Click for More Information on the XBRL US Website.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.