List of Fundamental Accounting Concepts

Last updated: 4/21/2020 9:03:00 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:CurrentAssets	Current Assets	YES	NO	NO	YES
3	Balance sheet	fac:CurrentLiabilities	Current Liabilities	YES	NO	NO	YES
4	Balance sheet	fac:Liabilities	Liabilities	NO	NO	NO	NO
5	Balance sheet	fac:LiabilitiesAndNetAssets	Liabilities and Net Assets	YES	NO	NO	NO
6	Balance sheet	fac:NetAssets	Net Assets	YES	NO	NO	NO
7	Balance Sheet	fac:NetAssetsWithDonorRestrictions	Net Assets With Donor Restrictions	NO	NO	NO	NO
8	Balance Sheet	fac:NetAssetsWithoutDonorRestrictions	Net Assets Without Donor Restrictions	NO	NO	NO	NO
9	Balance sheet	fac:NoncurrentAssets	Noncurrent Assets	NO	NO	NO	YES
10	Balance sheet	fac:NoncurrentLiabilities	Noncurrent Liabilities	NO	NO	NO	YES
11	Cash flow statement	fac:NetCashFlow	Net Cash Flow	YES	NO	NO	NO
12	Cash flow statement	fac:NetCashFlowFromFinancingActivities	Net Cash Flow From Financing Activities	YES	NO	NO	NO
13	Cash flow statement	fac:NetCashFlowFromInvestingActivities	Net Cash Flow From Investing Activities	YES	NO	NO	NO
14	Cash flow statement	fac:NetCashFlowFromOperatingActivities	Net Cash Flow From Operating Activities	YES	NO	NO	NO
15	General	fac:BalanceSheetDate	Balance Sheet Date	YES	NO	NO	NO
16	General	fac:DocumentFiscalPeriodFocus	Document Fiscal Period Focus	YES	NO	NO	NO
17	General	fac:DocumentFiscalYearFocus	Document Fiscal Year Focus	YES	NO	NO	NO
18	General	fac:DocumentType	Document Type	YES	NO	NO	NO
19	General	fac:EconomicEntityIdentifier	Economic Entity Identifier	YES	NO	NO	NO
20	General	fac:EconomicEntityName	Economic Entity Name	YES	NO	NO	NO
21	General	fac:EntityFiscalYearEnd	Entity Fiscal Year End	YES	NO	NO	NO
22	General	fac:IncomeStatementStartPeriod	Income Statement Start Period (Year to Date)	NO	NO	NO	NO
23	General	fac:ReportingStyleCode	Reporting Style Code	YES	NO	NO	NO
24	Income statement	fac:ChangeInNetAssets	Change in Net Assets	YES	NO	NO	NO
25	Income statement	fac:Expenses	Expenses	YES	NO	NO	YES
26	Income statement	fac:OtherFunctionalExpenses	Other Functional Expenses	NO	NO	NO	NO
27	Income statement	fac:ProgramServicesExpenses	Program Services Expenses	YES	NO	NO	YES
28	Income statement	fac:Revenue	Revenue	YES	NO	NO	YES
29	Income statement	fac:SalariesAndRelatedFunctionalExpenses	Salaries and Related Functional Expenses	NO	NO	NO	NO
30	Income statement	fac:Support	Support	YES	NO	NO	YES
31	Income statement	fac:SupportAndRevenue	Support and Revenue	YES	NO	NO	YES
32	Income statement	fac:SupportingServicesExpenses	Supporting Services Expenses	YES	NO	NO	YES