Search for US GAAP taxonomy elements to view their Meta Model traits and concept-to-concept relationships.
The FASB Meta Model taxonomy provides semantic context for US GAAP elements by assigning traits and defining concept-to-concept relationships (instant-inflow, instant-outflow, instant-contra, and instant-accrual). This tool makes those relationships easy to explore.
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Traits are standardized semantic elements that convey intrinsic attributes of US GAAP Taxonomy concepts independent of where or how they are presented. They classify concepts by consistent attributes such as current or noncurrent, activity type, type of lease, or type of future estimate, allowing software and users to interpret accounting meaning, compare elements consistently, and apply validations without relying on labels or taxonomy placement.
This relationship indicates that the target element flows into the instant balance of the source element specifically, an element that represents an increase to a particular instant balance.
This relationship provides the link between an instant element and a duration element. The source element is an instant element and the target element is a duration element. Generally, if the source element has a debit balance, then the target element has a debit balance and vice versa. However, this does not hold true in all cases because the GRT contains some inconsistencies with this pattern.
Benefit: Provides accounting relationships between elements that represent inflows or increases to balance sheet accounts, and delineates between cash inflow elements and noncash accrual elements.
This relationship indicates that the target element flows out of the instant balance of the source element specifically, an element that represents a decrease to a particular instant balance.
This relationship provides the link between an instant element and a duration element. The source element is an instant element and the target element is a duration element. Generally, if the source element has a debit balance, then the target element has a credit balance and vice versa. However, this does not hold true in all cases because the GRT contains some inconsistencies with this pattern.
Benefit: Provides accounting relationships between elements that represent outflows or decreases to balance sheet accounts, and delineates between cash outflow elements and noncash expense elements.
This relationship indicates that the target offsets the source element specifically, a contra element that reduces the asset or liability.
This relationship provides the link between two instant elements. If the source element has a debit balance, then the target element has a credit balance and vice versa.
Benefit: Provides accounting relationships between the contra account and the asset or liability that it offsets, and ensures that contra accounts are properly classified as an offset when consumed by users.
This relationship indicates that the target accrues into the instant element specifically, an accrual element that represents the expense or income provision against the instant element (typically an asset or liability). It signifies the use or interest costs during a reporting period when no cash transaction occurs.
This relationship provides the link between an element measured at a point in time (instant) and an element measured over a period of time (duration). If the source element has a credit balance, then the target element has a debit balance and vice versa.
Benefit: Provides accounting relationships between the expense or income and the contra asset or asset or liability, ensures that the balance is flowing into the applicable contra account, and assists with identifying noncash adjustments.