Examples of Errors in XBRL-based Digital Financial Reports

Friday, March 29, 2019 at 03:05PM
Charlie in Becoming an XBRL Master Craftsman

I have many different blog posts that provide information about errors that exist in XBRL-based digital financial reports.  Understanding errors and how to avoid them is a good way to learn about XBRL.  To make finding these documents easier, I combined all of the best information into this one blog post where you can find all of this documenation.

These are documentation of fundamental accounting concept relations inconsistencies: (April 2017)

• Summary of 26 different errors
• BDO1
• BDO2
• BDO3
• EY1
• EY2
• EY3
• EY4
• EY5
• KPMG1
• KPMG2
• KPMG3
• KPMG4
• PWC1
• PWC2
• PWC3
• PWC4
• PWC5
• Deloitte1
• Deloitte2
• Deloitte3
• Deloitte4
• Grant Thornton
• Moss Adams
• DeCoria, Maichel & Teague

 These documents show disclosure mechanics errors and other information:

• Future miniumum lease payments for capital leases
• Future minimum lease payments for operating leases
• Long term debt maturities
• Deferred tax asset (liability), Net
• Property, plant and equipment components roll up
• Long lived assets by geographic area
• Finite lived intangible assets estimated useful lives
• Capitalized computer software roll forward
• Accounts receivable roll up
• Nature of operations, basis of reporting, significant accounting policies, revenue recognition policy
• Accounts receivable net roll up
• Summary of concepts used to represent about 65 disclosures
• Disclosure best practices

 

Article originally appeared on XBRL-based structured digital financial reporting (http://xbrl.squarespace.com/).