The Data Quality Committee (DQC) approved a new round of DQC rules for Version 26. The effective date for these rules will be for filings submitted on or after April 15, 2025. The DQC plug-in tool has been updated and released in the Workiva platform. Round 26 included updates to support the 2025 taxonomies and added nine new rules.

Each new rule is described below and you can click on the link in the name of the rule to take you to the rule published by the XBRL® US Data Quality Committee.

New rules:

DQC 194 – Negative Values for Members on the Statement of Equity Components Axis

• The rule checks that movements in shareholders equity concepts are not negative when used with members on the StatementEquityComponentsAxis.

DQC 195 – Facts using an invalid member with the Equity Components Axis

• The rule checks that movements in shareholders equity element are represented with the appropriate member and line item combination.

DQC 196 – Opening and Closing Balances on the Statement of Shareholders Equity

• The rule identifies instant elements that have been used in the statement of Shareholders Equity that do not represent the opening and closing balances of Stockholders Equity.

DQC 197 – Income Statement Items used on The Changes in Shareholders Equity

• The rule checks that the filer has not used income statement items in the Statement of Changes in Equity.

DQC 198 – Income Tax Reconciliation Percentages

• Ensures that if a monetary value for tax is provided in a 10-K filing, an equivalent percentage amount must also be provided.

DQC 199 – Rate Basis Reported on Investment Schedules

• The rule ensures that investment schedules are completed correctly by checking for the presence of both the spread and the rate basis for variable rate investments. (Delayed effective date until May 31, 2025 for DQC 199 only)

DQC 200 – Instant Items Used on the Income Statement Location Axis

• The rule ensures that instant monetary elements are not incorrectly tagged with the Income Statement Location Axis unless they represent future expenses.

DQC 201 – Private Company Concepts

• The rule checks that private company concepts are not used in public company filings. The elements were added in the US GAAP taxonomy to support SBSEF filings.

DQC 202 – Cyber Taxonomy Disclosures

• The rule checks that companies are reporting cyber disclosures in 10-K and 20-F filings using the Cyber taxonomy.

What’s our plan?

As part of our high level of ongoing service and partner in your success, we want to reassure you that Workiva is working tirelessly to anticipate these changes and incorporating them into our platform. 

The new rules will appear with the “(DQC)” at the beginning of the validation message.

In the meantime, if you have any questions, feel free to let us know here in the Workiva Community. Thanks!