To distinguish the cash flow statement from a parenthetical disclosure associated with the cash flow statement, the string "parenthetical" must be included in the extended link role URI name as well as in the description of the extended link role, for example "http:/abc.com/role/ConsolidatedStatementsOfCashFlowsParenthetical". The figure below shows the definition of the extended link roles and the placement of the abstract element. In addition, this abstract should not be used in any other disclosure group that does not represent a cash flow statement. Second, the abstract element StatementOfCashFlowsAbstract MUST be included as the top or root element in the presentation linkbase for the Cash Flow Statement. For example " 1006000 - Statement - Consolidated Statements of Cash Flows In order for users to identify roles in a filing that represent the cash flow statement, the following conventions should be followed by filers.įirst, the definition of the extended link role must contain the string "- Statement -". Identification of the Cash Flow Statementīecause standard disclosure groups (roles) defined in the US GAAP taxonomy cannot be used by filers, the cash flow statement cannot be identified by using a standard role. Terms such as "payments to" or "proceeds from" are examples of words that would be included in the label names of elements to be used in the statement of cash flows. That indicate that the element represents a cash flow. The US GAAP taxonomy is structured so that elements that represent cash inflows and outflows are clearly distinguished from accrual items, with label names All elements that represent cash outflows are represented as credits. All elements that represent cash receipts and cash inflows, are defined as debit items to mirror inflows into a cash T account. The cash flow statement in the US GAAP taxonomy is structured as a cash T account. This document is intended to provide guidance on structuring and tagging the cash flow statement using the US GAAP Financial Reporting Taxonomy.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |