List of Fundamental Accounting Concepts

Last updated: 5/6/2021 11:40:10 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:AssetsHeldForSale Assets Held for Sale NO NO NO YES
3 Balance sheet fac:Capitalization Capitalization NO NO NO NO
4 Balance sheet fac:CommitmentsAndContingencies Commitments And Contingencies NO NO NO NO
5 Balance sheet fac:CurrentAssets Current Assets YES NO NO YES
6 Balance sheet fac:CurrentAssetsExcludingHeldForSale Current Assets, Excluding Held for Sale YES NO NO YES
7 Balance sheet fac:CurrentLiabilities Current Liabilities YES NO NO YES
8 Balance sheet fac:CurrentLiabilitiesExcludingHeldForSale Current Liabilities, Excluding Held for Sale YES NO NO YES
9 Balance sheet fac:Equity Equity YES NO NO NO
10 Balance sheet fac:EquityAttributableToNoncontrollingInterest Equity Attributable To Noncontrolling Interest NO NO NO YES
11 Balance sheet fac:EquityAttributableToParent Equity Attributable To Parent NO NO NO YES
12 Balance sheet fac:FixedAssets Fixed Assets NO NO NO NO
13 Balance sheet fac:Liabilities Liabilities NO NO NO NO
14 Balance sheet fac:LiabilitiesAndEquity Liabilities And Equity YES NO NO NO
15 Balance sheet fac:LiabilitiesHeldForSale Liabilities Held for Sale NO NO NO YES
16 Balance sheet fac:LongTermDebt Long-term Debt NO NO NO NO
17 Balance sheet fac:NetAssetsLiabilities Net Assets (Liabilities) YES NO NO YES
18 Balance sheet fac:NoncurrentAssets Noncurrent Assets NO NO NO YES
19 Balance sheet fac:NoncurrentLiabilities Noncurrent Liabilities NO NO NO YES
20 Balance sheet fac:OtherNoncurrentAssetsOfRegulatedEntity Other Noncurrent Assets of Regulated Entity NO NO NO NO
21 Balance sheet fac:OtherNoncurrentLiabilitiesOfRegulatedEntity Other Noncurrent Liabilities of Regulated Entity NO NO NO NO
22 Balance sheet fac:OtherThanFixedNoncurrentAssets Other than Fixed Noncurrent Assets NO NO NO NO
23 Balance sheet fac:PublicUtilitiesPropertyPlantAndEquipmentNet Public Utilities Property, Plant, and Equipment, Net NO NO NO NO
24 Balance sheet fac:RedeemableNoncontrollingInterest Redeemable Noncontrolling Interest NO NO NO NO
25 Balance sheet fac:RedeemableNoncontrollingInterestCommon Redeemable Noncontrolling Interest Common NO NO NO NO
26 Balance sheet fac:RedeemableNoncontrollingInterestOther Redeemable Noncontrolling Interest Other NO NO NO NO
27 Balance sheet fac:RedeemableNoncontrollingInterestPreferred Redeemable Noncontrolling Interest Preferred NO NO NO NO
28 Balance sheet fac:TemporaryEquity Temporary Equity NO NO NO NO
29 Balance sheet fac:TemporaryEquityAttributableToParent Temporary Equity Attributable to Parent NO NO NO NO
30 Cash flow statement fac:ExchangeGainsLosses Exchange Gains (Losses) NO NO NO YES
31 Cash flow statement fac:NetCashFlow Net Cash Flow YES NO NO NO
32 Cash flow statement fac:NetCashFlowContinuing Net Cash Flow, Continuing NO NO NO NO
33 Cash flow statement fac:NetCashFlowDiscontinued Net Cash Flow, Discontinued NO NO NO NO
34 Cash flow statement fac:NetCashFlowFromFinancingActivities Net Cash Flow From Financing Activities YES NO NO NO
35 Cash flow statement fac:NetCashFlowFromFinancingActivitiesContinuing Net Cash Flow From Financing Activities, Continuing NO NO NO YES
36 Cash flow statement fac:NetCashFlowFromFinancingActivitiesDiscontinued Net Cash Flow From Financing Activities, Discontinued NO NO NO YES
37 Cash flow statement fac:NetCashFlowFromInvestingActivities Net Cash Flow From Investing Activities YES NO NO NO
38 Cash flow statement fac:NetCashFlowFromInvestingActivitiesContinuing Net Cash Flow From Investing Activities, Continuing NO NO NO YES
39 Cash flow statement fac:NetCashFlowFromInvestingActivitiesDiscontinued Net Cash Flow From Investing Activities, Discontinued NO NO NO YES
40 Cash flow statement fac:NetCashFlowFromOperatingActivities Net Cash Flow From Operating Activities YES NO NO NO
41 Cash flow statement fac:NetCashFlowFromOperatingActivitiesContinuing Net Cash Flow From Operating Activities, Continuing NO NO NO YES
42 Cash flow statement fac:NetCashFlowFromOperatingActivitiesDiscontinued Net Cash Flow From Operating Activities, Discontinued NO NO NO YES
43 Comprehensive income fac:ComprehensiveIncomeLoss Comprehensive Income (Loss) NO NO NO NO
44 Comprehensive income fac:ComprehensiveIncomeLossAttributableToNoncontrollingInterest Comprehensive Income (Loss) Attributable To Noncontrolling Interest NO NO NO NO
45 Comprehensive income fac:ComprehensiveIncomeLossAttributableToParent Comprehensive Income (Loss) Attributable to Parent NO NO NO NO
46 Comprehensive income fac:OtherComprehensiveIncomeLoss Other Comprehensive Income (Loss) NO NO NO YES
47 Comprehensive income fac:OtherComprehensiveIncomeLossAttributableToNoncontrollingInterest Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest NO NO NO NO
48 Comprehensive income fac:OtherComprehensiveIncomeLossAttributableToParent Other Comprehensive Income (Loss) Attributable to Parent NO NO NO NO
49 General fac:BalanceSheetDate Balance Sheet Date YES NO NO NO
50 General fac:BalanceSheetFormat Balance Sheet Format NO NO NO NO
51 General fac:DocumentType Document Type YES NO NO NO
52 General fac:EntityCentralIndexKey Entity Central Index Key YES NO NO NO
53 General fac:EntityFilerCategory Entity Filer Category YES NO NO NO
54 General fac:EntityRegistrantName Entity Registrant Name YES NO NO NO
55 General fac:FiscalPeriodFocus Fiscal Period Focus YES NO NO NO
56 General fac:FiscalYearEnd Fiscal Year End YES NO NO NO
57 General fac:FiscalYearFocus Fiscal Year Focus YES NO NO NO
58 General fac:IncomeStatementFormat Income Statement Format NO NO NO NO
59 General fac:IncomeStatementStartPeriodYearToDate Income Statement Start Period (Year to Date) NO NO NO NO
60 General fac:TradingSymbol Trading Symbol NO NO NO NO
61 Income statement fac:BenefitsCostsExpenses Benefits Costs and Expenses NO NO NO YES
62 Income statement fac:CostOfRevenue Cost Of Revenue NO NO NO YES
63 Income statement fac:CostOfRevenueGoods Cost of Revenue, Goods NO NO NO NO
64 Income statement fac:CostOfRevenueServices Cost of Revenue, Services NO NO NO NO
65 Income statement fac:CostsAndExpenses Costs And Expenses NO NO NO YES
66 Income statement fac:ExtraordinaryItemsOfIncomeExpenseNetOfTax Extraordinary Items Of Income (Expense), Net Of Tax NO NO NO YES
67 Income statement fac:GainLossOnDispositionStockInSubsidiaryOrEquityMethodInvestee Gain (Loss) on Disposition of Stock in Subsidiary or Equity Method Investee NO NO NO NO
68 Income statement fac:GainLossOnSalePreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome Gain (Loss) on Sale of Previously Unissued Stock by Subsidiary or Equity Investee, Nonoperating Income NO NO NO NO
69 Income statement fac:GainLossOnSalePropertiesNetTax Gain (Loss) On Sale of Properties, Net of Tax NO NO NO YES
70 Income statement fac:GrossProfit GrossProfit NO NO NO NO
71 Income statement fac:IncomeLossBeforeEquityMethodInvestments Income (Loss) Before Equity Method Investments NO NO NO NO
72 Income statement fac:IncomeLossFromContinuingOperationsAfterTax Income (Loss) From Continuing Operations After Tax YES NO NO NO
73 Income statement fac:IncomeLossFromContinuingOperationsBeforeTax Income (Loss) From Continuing Operations Before Tax YES NO NO NO
74 Income statement fac:IncomeLossFromDiscontinuedOperationsNetOfTax Income (Loss) From Discontinued Operations, Net Of Tax NO NO NO NO
75 Income statement fac:IncomeLossFromDiscontinuedOperationsNetOfTaxAdjustmentToPriorYearGainLossOnDisposal Income (Loss) from Discontinued Operations, Net of Tax, Adjustment to Prior Year Gain (Loss) on Disposal NO NO NO NO
76 Income statement fac:IncomeLossFromDiscontinuedOperationsNetOfTaxDuringPhaseOut Income (Loss) from Discontinued Operations, Net of Tax, During Phase Out NO NO NO NO
77 Income statement fac:IncomeLossFromDiscontinuedOperationsNetOfTaxGainLossOnDisposal Income (Loss) from Discontinued Operations, Net of Tax, Gain (Loss) on Disposal NO NO NO NO
78 Income statement fac:IncomeLossFromDiscontinuedOperationsNetOfTaxProvisionForGainLossOnDisposal Income (Loss) from Discontinued Operations, Net of Tax, Provision for Gain (Loss) on Disposal NO NO NO NO
79 Income statement fac:IncomeLossFromEquityMethodInvestments Income (Loss) From Equity Method Investments NO NO NO NO
80 Income statement fac:IncomeTaxExpenseBenefit Income Tax Expense (Benefit) YES NO NO YES
81 Income statement fac:IncomeTaxExpenseBenefitCurrent Income Tax Expense (Benefit), Current NO NO NO NO
82 Income statement fac:IncomeTaxExpenseBenefitDeferred Income Tax Expense (Benefit), Deferred NO NO NO NO
83 Income statement fac:IndirectOperatingNonoperatingCostsExpenses Indirect Operating and Nonoperating Costs and Expenses NO NO NO NO
84 Income statement fac:InterestAndDebtExpense Interest And Debt Expense YES NO NO YES
85 Income statement fac:InterestAndDividendIncomeOperating Interest And Dividend Income, Operating NO NO NO YES
86 Income statement fac:InterestExpense Interest Expense NO NO NO NO
87 Income statement fac:InterestExpenseOperating Interest Expense, Operating NO NO NO YES
88 Income statement fac:InterestIncomeExpenseAfterProvisionForLosses Interest Income (Expense) After Provision For Losses NO NO NO NO
89 Income statement fac:InterestIncomeExpenseOperatingNet Interest Income (Expense) Operating, Net NO NO NO NO
90 Income statement fac:NetIncomeLoss Net Income (Loss) YES NO NO NO
91 Income statement fac:NetIncomeLossAttributableToNoncontrollingInterest Net Income (Loss) Attributable To Noncontrolling Interest NO NO NO NO
92 Income statement fac:NetIncomeLossAttributableToNoncontrollingInterestPlusPreferredStockDividendsAndOtherAdjustments Net Income (Loss) Attributable to Noncontrolling Interest Plus Preferred Stock Dividends and Other Adjustments NO NO NO NO
93 Income statement fac:NetIncomeLossAttributableToNonredeemableNoncontrollingInterest Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest NO NO NO NO
94 Income statement fac:NetIncomeLossAttributableToParent Net Income (Loss) Attributable To Parent NO NO NO NO
95 Income statement fac:NetIncomeLossAttributableToRedeemableNoncontrollingInterest Net Income (Loss) Attributable to Redeemable Noncontrolling Interest NO NO NO NO
96 Income statement fac:NetIncomeLossAvailableToCommonStockholdersBasic Net Income (Loss) Available To Common Stockholders, Basic NO NO NO NO
97 Income statement fac:NoninterestExpense Noninterest Expense NO NO NO YES
98 Income statement fac:NoninterestIncome Noninterest Income NO NO NO YES
99 Income statement fac:NonoperatingGainsLosses Nonoperating Gains (Losses) NO NO NO NO
100 Income statement fac:NonoperatingIncomeLoss Nonoperating Income (Expense) NO NO NO YES
101 Income statement fac:NonoperatingIncomeLossPlusInterestAndDebtExpense Nonoperating Income (Loss) Plus Interest and Debt Expense NO NO NO NO
102 Income statement fac:NonoperatingIncomePlusInterestAndDebtExpensePlusIncomeFromEquityMethodInvestments Nonoperating Income (Loss) Plus Interest and Debt Expense Plus Income (Loss) from Equity Method Investments NO NO NO NO
103 Income statement fac:OperatingAndNonoperatingCostsAndExpenses Operating and Nonoperating Costs and Expenses NO NO NO NO
104 Income statement fac:OperatingAndNonoperatingRevenues Operating and Nonoperating Revenues NO NO NO NO
105 Income statement fac:OperatingExpenses Operating Expenses YES NO NO YES
106 Income statement fac:OperatingIncomeLoss Operating Income (Loss) YES NO NO NO
107 Income statement fac:OtherOperatingIncomeExpenses Other Operating Income (Expenses) NO NO NO YES
108 Income statement fac:ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic Participating Securities, Distributed and Undistributed Earnings (Loss), Basic NO NO NO NO
109 Income statement fac:PreferredStockDividendsAndOtherAdjustments Preferred Stock Dividends And Other Adjustments NO NO NO YES
110 Income statement fac:ProvisionForLoanLeaseAndOtherLosses Provision For Loan, Lease, And Other Losses NO NO NO NO
111 Income statement fac:Revenues Revenues YES NO NO YES
112 Income statement fac:RevenuesExcludingInterestDividends Revenues, Excluding Interest and Dividends NO NO NO YES
113 Income statement fac:RevenuesNetInterestExpense Revenues, Net of Interest Expense NO NO NO YES
114 Income statement fac:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic Undistributed Earnings (Loss) Allocated to Participating Securities, Basic NO NO NO NO
115 Key Ratios fac:ReturnOnAssets Return on Assets (ROA) NO NO NO NO
116 Key Ratios fac:ReturnOnEquity Return on Equity (ROE) NO NO NO NO
117 Key Ratios fac:ReturnOnSales Return on Sales (ROS) NO NO NO NO
118 Key Ratios fac:SustainableGrowthRate Sustainable Growth Rate (SGR) NO NO NO NO