FASB Launches Public Review for DQCRT

September 6, 2022

The Financial Accounting Standards Board (FASB) announced the start of a public review period for the proposed 2023 DQC Rules Taxonomy (DQCRT) which adds the following DQC Rules:

• DQC 0013: Negative Values with Dependence
• DQC 0015 : Negative Values
• DQC 0047 : Calculation Descendants with No Balance Type
• DQC 0053 : Excluded Members from an Axis
• DQC 0057 : Cash Flow Opening and Closing Balances
• DQC 0071 : Revenue/Cost Single Member
• DQC 0073 : Plan Asset Categories Permissible Line Items
• DQC 0084 : Durational Aggregation

The public review period closes on October 6, 2022. Read the FASB Announcement : FASB Staff Issues Proposed 2023 DQC Rules Taxonomy (September 6 2022)

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