The Data Quality Committee (DQC) approved a new round of DQC rules for Version 27. The effective date for these rules will be for filings submitted on or after September 1, 2025. The DQC plug-in tool has been updated and released in the Workiva platform. Round 27 included updates to previously released rules and added five 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 204 – Invalid Axis used for Tangible and Intangible Assets

• The rule checks that filers have used the PropertyPlantAndEquipmentByTypeAxis and the FiniteLivedIntangibleAssetsByMajorClassAxis with the appropriate members and concepts.

DQC 206 – Invalid Member used on Disaggregation Of Income Statement Expense Caption Axis

•  The rule checks that filers have used an appropriate member on the Disaggregation Of Income Statement Expense Caption Axis. The rule identifies the expense line items used on the Income Statement and checks if the typed members on the Disaggregation Of Income Statement Expense Caption Axis correspond to the expense items on the Income Statement.

DQC 207 – Invalid Subtotals in Schedule of Investments

• The purpose of this rule is to ensure that the fair value of investments reported for broader categories (e.g., by industry, geography, or security type) is greater than or equal to the fair value reported for more specific categories that include additional dimensions.

DQC 210 – Missing Investment Identifier Axis

• The purpose of Rule DQC_0210 is to ensure that all fact values related to individual investments are tagged with the axis InvestmentIdentifierAxis.

DQC 0211 - Missing Fact Value for Extensible Enumeration

• The purpose of this rule is to ensure that when a filer reports an extensible enumeration fact value indicating the location of a face statement concept, the corresponding monetary fact value for that concept is also reported in the filing.

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!