Rules - Consistency
| # | Rule Code | Status | Rule | Commentary | Concept | Network | Sequence |
|---|---|---|---|---|---|---|---|
| 1 | AE00 |  |
$Assets = $Liabilities + $Equity | Root equation for financial accounting, the accounting equation. | fac:Assets | 1 | |
| 2 | BS01 | |
$Equity = ($EquityAttributableToParent + $EquityAttributableToNoncontrollingInterest) | fac:Equity | 1 | ||
| 3 | BS02 | |
$Assets = $LiabilitiesAndEquity | fac:Assets | 2 | ||
| 4 | BS03 | |
$Assets = ($CurrentAssets + $NoncurrentAssets) | fac:Assets | 3 | ||
| 5 | BS04 | |
$Liabilities = ($CurrentLiabilities + $NoncurrentLiabilities) | fac:Liabilities | 4 | ||
| 6 | BS05 | |
$LiabilitiesAndEquity = ($Liabilities + $CommitmentsAndContingencies + $TemporaryEquity + $Equity) | fac:LiabilitiesAndEquity | 5 | ||
| 7 | BS23 | |
$Assets = ($CurrentAssets + $FixedAssets + $OtherThanFixedNoncurrentAssets) | Need another relationship like this for when investments are a line item. | fac:Assets | 22 | |
| 8 | BS43 | |
$Assets = ($CurrentAssets + $PublicUtilitiesPropertyPlantAndEquipmentNet + $OtherNoncurrentAssetsOfRegulatedEntity) | fac:Assets | 23 | ||
| 9 | BS45 | |
$LiabilitiesAndEquity = ($CurrentLiabilities + $OtherNoncurrentLiabilitiesOfRegulatedEntity + $CommitmentsAndContingencies + $TemporaryEquity + $RedeemableNoncontrollingInterest + $Capitalization) | fac:LiabilitiesAndEquity | 24 | ||
| 10 | CF01 | |
$NetCashFlow = ($NetCashFlowFromOperatingActivities + $NetCashFlowFromInvestingActivities + $NetCashFlowFromFinancingActivities + $ExchangeGainsLosses) | Includes exchange gains in computation. | fac:NetCashFlow | 6 | |
| 11 | CF02 | |
$NetCashFlowContinuing = ($NetCashFlowFromOperatingActivitiesContinuing + $NetCashFlowFromInvestingActivitiesContinuing + $NetCashFlowFromFinancingActivitiesContinuing) | fac:NetCashFlowContinuing | 7 | ||
| 12 | CF03 | |
$NetCashFlowDiscontinued = ($NetCashFlowFromOperatingActivitiesDiscontinued + $NetCashFlowFromInvestingActivitiesDiscontinued + $NetCashFlowFromFinancingActivitiesDiscontinued) | fac:NetCashFlowDiscontinued | 8 | ||
| 13 | CF04 | |
$NetCashFlowFromOperatingActivities = ($NetCashFlowFromOperatingActivitiesContinuing + $NetCashFlowFromOperatingActivitiesDiscontinued) | fac:NetCashFlowFromOperatingActivities | 9 | ||
| 14 | CF05 | |
$NetCashFlowFromInvestingActivities = ($NetCashFlowFromInvestingActivitiesContinuing + $NetCashFlowFromInvestingActivitiesDiscontinued) | fac:NetCashFlowFromInvestingActivities | 10 | ||
| 15 | CF06 | |
$NetCashFlowFromFinancingActivities = ($NetCashFlowFromFinancingActivitiesContinuing + $NetCashFlowFromFinancingActivitiesDiscontinued) | fac:NetCashFlowFromFinancingActivities | 11 | ||
| 16 | CF07 | |
$NetCashFlow = ($NetCashFlowContinuing + $NetCashFlowDiscontinued + $ExchangeGainsLosses) | fac:NetCashFlow | 45 | ||
| 17 | CF21 | |
$NetCashFlow = ($NetCashFlowFromOperatingActivities + $NetCashFlowFromInvestingActivities + $NetCashFlowFromFinancingActivities) | Same as CF1, except exchange gains are not included because they are included in the roll forward of cash and cash equivalents. | fac:NetCashFlow | 25 | |
| 18 | CF22 | |
$NetCashFlow = ($NetCashFlowContinuing + $NetCashFlowDiscontinued) | Same as CF2, excludes exchange gains | fac:NetCashFlow | 46 | |
| 19 | IS01 | |
$GrossProfit = ($Revenues - $CostOfRevenue) | fac:GrossProfit | 12 | ||
| 20 | IS02 | |
$OperatingIncomeLoss = ($GrossProfit - $OperatingExpenses) | fac:OperatingIncomeLoss | 13 | ||
| 21 | IS03 | |
$IncomeLossBeforeEquityMethodInvestments = ($OperatingIncomeLoss + $NonoperatingIncomeLossPlusInterestAndDebtExpense) | fac:IncomeLossBeforeEquityMethodInvestments | 14 | ||
| 22 | IS04 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($OperatingIncomeLoss + $NonoperatingIncomePlusInterestAndDebtExpensePlusIncomeFromEquityMethodInvestments) | fac:IncomeLossFromContinuingOperationsBeforeTax | 15 | ||
| 23 | IS05 | |
$IncomeLossFromContinuingOperationsAfterTax = ($IncomeLossFromContinuingOperationsBeforeTax - $IncomeTaxExpenseBenefit) | fac:IncomeLossFromContinuingOperationsAfterTax | 16 | ||
| 24 | IS06 | |
$NetIncomeLoss = ($IncomeLossFromContinuingOperationsAfterTax + $IncomeLossFromDiscontinuedOperationsNetOfTax) | fac:NetIncomeLoss | 17 | ||
| 25 | IS07 | |
$NetIncomeLoss = ($NetIncomeLossAttributableToParent + $NetIncomeLossAttributableToNoncontrollingInterest) | fac:NetIncomeLoss | 18 | ||
| 26 | IS08 | |
$NetIncomeLossAvailableToCommonStockholdersBasic = ($NetIncomeLossAttributableToParent - $PreferredStockDividendsAndOtherAdjustments) | fac:NetIncomeLossAvailableToCommonStockholdersBasic | 19 | ||
| 27 | IS09 | |
$ComprehensiveIncomeLoss = ($ComprehensiveIncomeLossAttributableToParent + $ComprehensiveIncomeLossAttributableToNoncontrollingInterest) | fac:ComprehensiveIncomeLoss | 20 | ||
| 28 | IS10 | |
$ComprehensiveIncomeLoss = ($NetIncomeLoss + $OtherComprehensiveIncomeLoss) | fac:ComprehensiveIncomeLoss | 21 | ||
| 29 | IS22 | |
$OperatingIncomeLoss = ($GrossProfit - $OperatingExpenses + $OtherOperatingIncomeExpenses) | This is same as another IS2, except the entity DOES report OtherOperatingIncomeExpenses | fac:OperatingIncomeLoss | 31 | |
| 30 | IS24 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($OperatingAndNonoperatingRevenues - $OperatingAndNonoperatingCostsAndExpenses) | IS6 - Operating and nonoperating revenue and expenses are combined. | fac:IncomeLossFromContinuingOperationsBeforeTax | 38 | |
| 31 | IS25 | |
$IncomeLossFromContinuingOperationsAfterTax = ($IncomeLossFromContinuingOperationsBeforeTax - $IncomeTaxExpenseBenefit + $IncomeLossFromEquityMethodInvestments) | IEMIT - Income from equity method investments included with income tax expense (benefit) | fac:IncomeLossFromContinuingOperationsAfterTax | 30 | |
| 32 | IS26 | |
$NetIncomeLoss = ($IncomeLossFromContinuingOperationsAfterTax + $IncomeLossFromDiscontinuedOperationsNetOfTax + $IncomeLossFromEquityMethodInvestments) | IEMIA - Income from equity method investments included with special items, after tax. | fac:NetIncomeLoss | 32 | |
| 33 | IS31 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($OperatingIncomeLoss + $NonoperatingIncomeLossPlusInterestAndDebtExpense) | fac:IncomeLossFromContinuingOperationsBeforeTax | 48 | ||
| 34 | IS32 | |
$OperatingIncomeLoss = ($Revenues - $OperatingExpenses) | Special 1 | fac:OperatingIncomeLoss | 39 | |
| 35 | IS34 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($GrossProfit - $OperatingExpenses + $NonoperatingIncomePlusInterestAndDebtExpensePlusIncomeFromEquityMethodInvestments) | Three step income statement, uses gross profit. | fac:IncomeLossFromContinuingOperationsBeforeTax | 37 | |
| 36 | IS42 | |
$OperatingIncomeLoss = ($Revenues - $CostsAndExpenses) | Special 2 | fac:OperatingIncomeLoss | 40 | |
| 37 | IS44 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($Revenues - $CostsAndExpenses + $NonoperatingIncomePlusInterestAndDebtExpensePlusIncomeFromEquityMethodInvestments) | Three step income statement, SPECIAL 3, uses costs and expenses | fac:IncomeLossFromContinuingOperationsBeforeTax | 36 | |
| 38 | IS52 | |
$OperatingIncomeLoss = ($Revenues - $CostsAndExpenses + $OtherOperatingIncomeExpenses) | fac:OperatingIncomeLoss | 42 | ||
| 39 | IS54 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($Revenues - $OperatingExpenses + $NonoperatingIncomePlusInterestAndDebtExpensePlusIncomeFromEquityMethodInvestments) | Three step income statement, SPECIAL 3, uses operating expenses | fac:IncomeLossFromContinuingOperationsBeforeTax | 35 | |
| 40 | IS55 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($Revenues - $BenefitsCostsExpenses) | Insurance-based revenues; us-gaap:BenefitsLossesAndExpenses is generally total expenses. Costs and expenses does NOT include nonoperating expenses and income. All other relations for insurance-based revenues on the income statement are the same. | fac:IncomeLossFromContinuingOperationsBeforeTax | 47 | |
| 41 | IS64 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($GrossProfit - $OperatingAndNonoperatingCostsAndExpenses) | Economic entity reports gross profit; but then groups all other operating and nonoperating costs and expenses together. Note that operating income (loss) is not reported. IncomeStatement_MultiStep_NoOperatingIncome.txt | fac:IncomeLossFromContinuingOperationsBeforeTax | 29 | |
| 42 | IS71 | |
$InterestIncomeExpenseOperatingNet = ($InterestAndDividendIncomeOperating - $InterestExpenseOperating) | Interest based revenues | fac:InterestIncomeExpenseOperatingNet | 27 | |
| 43 | IS72 | |
$InterestIncomeExpenseAfterProvisionForLosses = ($InterestIncomeExpenseOperatingNet - $ProvisionForLoanLeaseAndOtherLosses) | Interest based revenues | fac:InterestIncomeExpenseAfterProvisionForLosses | 28 | |
| 44 | IS75 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($InterestIncomeExpenseAfterProvisionForLosses + $NoninterestIncome - $NoninterestExpense) | Interest based revenues | fac:IncomeLossFromContinuingOperationsBeforeTax | 44 | |
| 45 | IS80 | |
$ComprehensiveIncomeLoss = ($NetIncomeLossAttributableToParent + $OtherComprehensiveIncomeLoss) | Net income attributable to parent | fac:ComprehensiveIncomeLoss | 49 | |
| 46 | IS84 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($Revenues - $CostsAndExpenses) | Insurance-based revenues; us-gaap:BenefitsLossesAndExpenses is generally total expenses. Costs and expenses does NOT include nonoperating expenses and income. All other relations for insurance-based revenues on the income statement are the same. | fac:IncomeLossFromContinuingOperationsBeforeTax | 26 | |
| 47 | IS91 | |
$RevenuesNetInterestExpense = ($NoninterestIncome + $InterestAndDividendIncomeOperating - $InterestExpense) | CITI Specific | fac:RevenuesNetInterestExpense | 33 | |
| 48 | IS94 | |
$IncomeLossFromContinuingOperationsBeforeTax = ($RevenuesNetInterestExpense - $ProvisionForLoanLeaseAndOtherLosses - $NoninterestExpense) | CITI Specific | fac:IncomeLossFromContinuingOperationsBeforeTax | 34 |
Last updated: 9/9/2023 6:58:48 AM