XBRL Fundamentals: Understanding the US GAAP Taxonomy
In order to create XBRL files for financial statements prepared in accordance with US GAAP, it is necessary to have an understanding of the US GAAP Taxonomy. This module will provide a walkthrough of the taxonomy and explain how it is arranged.
Throughout this course, you will:
- Understand common patterns of how concepts are arranged in the presentation of the taxonomy
- Review common conventions used for concepts, including label and naming standards, references and data types
- Learn how the US GAAP constructs and uses calculations and tables
- Explore how new versions and changes are reflected in the taxonomy.
Advanced Preparation: None
This course is part of the XBRL U.S. GAAP Certificate Program
NOTE: Information provided in the Certificate Program teaches application of tagging XBRL financial statements even though content may or may not be based on the most current release of the US GAAP Taxonomy. The Securities and Exchange Commission requires companies to use an approved taxonomy. Filers are responsible for checking the Securities and Exchange Commission's website for the most current release.