List of Fundamental Accounting Concepts

Last updated: 5/5/2021 7:39:23 AM

Line Financial Statement Location Concept Name Concept Label Required to report? May redefine or replace? May create new? May add new subclass?
1 Balance sheet fac:Assets Assets YES NO NO YES
2 Balance sheet fac:CommitmentsAndContingencies Commitments And Contingencies NO NO NO NO
3 Balance sheet fac:CurrentAssets Current Assets YES NO NO YES
4 Balance sheet fac:CurrentLiabilities Current Liabilities YES NO NO YES
5 Balance sheet fac:Equity Equity YES NO NO NO
6 Balance sheet fac:EquityAttributableToNoncontrollingInterest Equity Attributable To Noncontrolling Interest NO NO NO YES
7 Balance sheet fac:EquityAttributableToParent Equity Attributable To Parent NO NO NO YES
8 Balance sheet fac:FixedAssets Fixed Assets NO NO NO NO
9 Balance sheet fac:Liabilities Liabilities NO NO NO NO
10 Balance sheet fac:LiabilitiesAndEquity Liabilities And Equity YES NO NO NO
11 Balance sheet fac:LongTermDebt Long-term Debt NO NO NO NO
12 Balance sheet fac:NoncurrentAssets Noncurrent Assets NO NO NO YES
13 Balance sheet fac:NoncurrentLiabilities Noncurrent Liabilities NO NO NO YES
14 Balance sheet fac:OtherThanFixedNoncurrentAssets Other than Fixed Noncurrent Assets NO NO NO NO
15 Cash flow statement fac:ExchangeGainsLosses Exchange Gains (Losses) NO NO NO YES
16 Cash flow statement fac:NetCashFlow Net Cash Flow YES NO NO NO
17 Cash flow statement fac:NetCashFlowContinuing Net Cash Flow, Continuing NO NO NO NO
18 Cash flow statement fac:NetCashFlowDiscontinued Net Cash Flow, Discontinued NO NO NO NO
19 Cash flow statement fac:NetCashFlowFromFinancingActivities Net Cash Flow From Financing Activities YES NO NO NO
20 Cash flow statement fac:NetCashFlowFromFinancingActivitiesContinuing Net Cash Flow From Financing Activities, Continuing NO NO NO YES
21 Cash flow statement fac:NetCashFlowFromFinancingActivitiesDiscontinued Net Cash Flow From Financing Activities, Discontinued NO NO NO YES
22 Cash flow statement fac:NetCashFlowFromInvestingActivities Net Cash Flow From Investing Activities YES NO NO NO
23 Cash flow statement fac:NetCashFlowFromInvestingActivitiesContinuing Net Cash Flow From Investing Activities, Continuing NO NO NO YES
24 Cash flow statement fac:NetCashFlowFromInvestingActivitiesDiscontinued Net Cash Flow From Investing Activities, Discontinued NO NO NO YES
25 Cash flow statement fac:NetCashFlowFromOperatingActivities Net Cash Flow From Operating Activities YES NO NO NO
26 Cash flow statement fac:NetCashFlowFromOperatingActivitiesContinuing Net Cash Flow From Operating Activities, Continuing NO NO NO YES
27 Cash flow statement fac:NetCashFlowFromOperatingActivitiesDiscontinued Net Cash Flow From Operating Activities, Discontinued NO NO NO YES
28 Comprehensive income fac:OtherComprehensiveIncomeLoss Other Comprehensive Income (Loss) NO NO NO YES
29 General fac:BalanceSheetDate Balance Sheet Date YES NO NO NO
30 General fac:DocumentType Document Type YES NO NO NO
31 General fac:EntityCentralIndexKey Entity Central Index Key YES NO NO NO
32 General fac:EntityFilerCategory Entity Filer Category YES NO NO NO
33 General fac:EntityRegistrantName Entity Registrant Name YES NO NO NO
34 General fac:FiscalPeriodFocus Fiscal Period Focus YES NO NO NO
35 General fac:FiscalYearEnd Fiscal Year End YES NO NO NO
36 General fac:FiscalYearFocus Fiscal Year Focus YES NO NO NO
37 General fac:IncomeStatementStartPeriodYearToDate Income Statement Start Period (Year to Date) NO NO NO NO
38 General fac:TradingSymbol Trading Symbol NO NO NO NO
39 Income statement fac:CostOfRevenue Cost Of Revenue NO NO NO YES
40 Income statement fac:CostsAndExpenses Costs And Expenses NO NO NO YES
41 Income statement fac:GrossProfit GrossProfit NO NO NO NO
42 Income statement fac:IncomeLossFromContinuingOperationsAfterTax Income (Loss) From Continuing Operations After Tax YES NO NO NO
43 Income statement fac:IncomeLossFromContinuingOperationsBeforeTax Income (Loss) From Continuing Operations Before Tax YES NO NO NO
44 Income statement fac:IncomeLossFromDiscontinuedOperationsNetOfTax Income (Loss) From Discontinued Operations, Net Of Tax NO NO NO NO
45 Income statement fac:IncomeLossFromEquityMethodInvestments Income (Loss) From Equity Method Investments NO NO NO NO
46 Income statement fac:IncomeTaxExpenseBenefit Income Tax Expense (Benefit) YES NO NO YES
47 Income statement fac:InterestAndDebtExpense Interest And Debt Expense YES NO NO YES
48 Income statement fac:InterestExpense Interest Expense NO NO NO NO
49 Income statement fac:NetIncomeLoss Net Income (Loss) YES NO NO NO
50 Income statement fac:NetIncomeLossAttributableToNoncontrollingInterest Net Income (Loss) Attributable To Noncontrolling Interest NO NO NO NO
51 Income statement fac:NetIncomeLossAttributableToParent Net Income (Loss) Attributable To Parent NO NO NO NO
52 Income statement fac:NetIncomeLossAvailableToCommonStockholdersBasic Net Income (Loss) Available To Common Stockholders, Basic NO NO NO NO
53 Income statement fac:NoninterestExpense Noninterest Expense NO NO NO YES
54 Income statement fac:NoninterestIncome Noninterest Income NO NO NO YES
55 Income statement fac:NonoperatingGainsLosses Nonoperating Gains (Losses) NO NO NO NO
56 Income statement fac:NonoperatingIncomeLoss Nonoperating Income (Expense) NO NO NO YES
57 Income statement fac:OperatingExpenses Operating Expenses YES NO NO YES
58 Income statement fac:OperatingIncomeLoss Operating Income (Loss) YES NO NO NO
59 Income statement fac:OtherOperatingIncomeExpenses Other Operating Income (Expenses) NO NO NO YES
60 Income statement fac:PreferredStockDividendsAndOtherAdjustments Preferred Stock Dividends And Other Adjustments NO NO NO YES
61 Income statement fac:Revenues Revenues YES NO NO YES
62 Key Ratios fac:ReturnOnAssets Return on Assets (ROA) NO NO NO NO
63 Key Ratios fac:ReturnOnEquity Return on Equity (ROE) NO NO NO NO
64 Key Ratios fac:ReturnOnSales Return on Sales (ROS) NO NO NO NO
65 Key Ratios fac:SustainableGrowthRate Sustainable Growth Rate (SGR) NO NO NO NO