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Unformatted text preview: world use eXtensible Business Reporting Language (XBRL)
to electronically tag their business data for a variety of internal and external
reporting purposes. An XBRL element is a code that is used to tag individual items of numeric or
textual data. An XBRL taxonomy is a collection of specific XBRL elements along with their
definitions, characteristics, and interrelationships. An XBRL instance document is an electronic file containing a specific set of
data that have been tagged with XBRL elements from one or more XBRL
taxonomies. The U.S. GAAP Financial Reporting Taxonomy (UGT) is a widely used XBRL
taxonomy whose elements are aligned with both the financial reporting
requirements of U.S. GAAP and common reporting practices. You can use the System to identify XBRL elements from the ―development‖
version of the UGT that are linked to a specific Codification Subtopic. You can
also use the System to identify the elements that are linked to a specific
Codification paragraph or glossary term. You can use the System to identify the Codification paragraphs and/or glossary
terms to which a specific XBRL element from the development UGT is linked. Lesson 16: Working with XBRL Elements 163 Look Now
Go to the landing
page for Section
down to the listing
for the XBRL
referenced by the
element. REINFORCE YOUR LEARNING
Q1: With regard to the U.S. GAAP Financial Reporting Taxonomy (UGT), how does the
development version differ from the annual releases that the SEC has approved for use
by SEC registrants? Exercises
E1: List the standard labels of the XBRL elements that are linked to Subtopic 605-45.
Include elements that are linked to the Subtopic’s FASB guidance as well as elements
that are linked to the Subtopic’s SEC guidance.
E2: List the standard labels of the XBRL elements that are linked to Codification
paragraph 320-10-35-1. Include elements that are linked to the paragraph as a whole
as well as elements...
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This note was uploaded on 03/27/2014 for the course ECON 12586 taught by Professor Yorambarzel during the Fall '09 term at University of Washington.
- Fall '09