Operating Activities Presentation Child Elements Incorrectly Using Tags for Investing Activities and Financing Activities as Presentation Parent Elements
Staff in the Commission's Division of Economic and Risk Analysis has observed in some Forms 10-K and 10-Q that filers are using tags related to accrual items associated with operating activities as presentation child elements of the following parent elements:
- NetCashProvidedByUsedInInvestingActivities
- NetCashProvidedByUsedInFinancingActivities
- NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
- NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Filers should review their Statement of Cash Flows to ensure each accrual item related to operating activities is appropriately classified as a presentation child element of NetCashProvidedByUsedInOperatingActivities or NetCashProvidedByUsedInOperatingActivitiesContinuingOperations.
For more information on the elements above, please click on each element and refer to the documentation in the U.S. GAAP Financial Reporting taxonomy. For more data quality reminders, see Staff Observations, Guidance, and Trends.
Last Reviewed or Updated: June 30, 2023