aid: accounting-standards url: >- https://raw.githubusercontent.com/api-evangelist/accounting-standards/refs/heads/main/apis.yml name: Accounting Standards type: Index image: https://kinlane-productions.s3.amazonaws.com/apis-json/apis-json-logo.jpg tags: - Accounting Standards - Finance - GAAP - IFRS - XBRL - Financial Reporting - SEC - FASB description: >- Accounting Standards are the formal rules and guidelines that govern how financial transactions and statements are recorded, reported, and disclosed. They ensure consistency, transparency, and comparability across financial reports, and include frameworks like GAAP and IFRS. Digital reporting standards like XBRL enable structured, machine-readable financial filings. created: '2025-01-01' modified: '2026-04-19' specificationVersion: '0.19' apis: - name: US GAAP Financial Reporting Taxonomy 2026 description: >- The 2026 GAAP Financial Reporting Taxonomy (GRT) is the official XBRL taxonomy maintained by FASB for SEC financial filings. It incorporates updates for FASB accounting standards published through December 1, 2025. The taxonomy provides structured element definitions for US Generally Accepted Accounting Principles (GAAP) financial statement reporting, available in XSD format with namespace http://fasb.org/us-gaap/2026. humanURL: https://xbrl.us/xbrl-taxonomy/2026-us-gaap/ baseURL: https://xbrl.fasb.org/us-gaap/2026/ tags: - GAAP - XBRL - FASB - SEC - Financial Reporting properties: - type: Documentation url: https://xbrl.us/xbrl-taxonomy/2026-us-gaap/ - type: Specification url: https://fasb.org/standards - type: Documentation url: https://asc.fasb.org/ title: FASB Accounting Standards Codification - name: SEC EDGAR XBRL API description: >- The SEC EDGAR XBRL APIs provide free, real-time access to structured financial data from public company filings. APIs include company submissions, company facts (all XBRL disclosures), company concepts (individual taxonomy tags per company), and aggregated XBRL frames across all filers. Data is returned in JSON and covers US-GAAP, IFRS, DEI, and SRT taxonomies. Rate limit is 10 requests/second with required User-Agent header. humanURL: https://www.sec.gov/about/developer-resources baseURL: https://data.sec.gov/ tags: - SEC - EDGAR - XBRL - Financial Data - Open Data - REST API properties: - type: Documentation url: https://www.sec.gov/about/developer-resources - type: APIReference url: https://www.sec.gov/search-filings/edgar-application-programming-interfaces - type: RateLimits url: https://www.sec.gov/about/developer-resources title: 10 requests/second, User-Agent header required - name: IFRS Accounting Standards description: >- International Financial Reporting Standards (IFRS) are global accounting standards issued by the International Accounting Standards Board (IASB). IFRS standards govern the financial reporting of companies in over 140 jurisdictions. The IFRS Foundation publishes the IFRS Taxonomy for structured XBRL tagging of IFRS financial statements, referenced by the SEC for foreign private issuers. humanURL: https://www.ifrs.org/issued-standards/list-of-standards/ baseURL: https://www.ifrs.org/ tags: - IFRS - IASB - International - Financial Reporting - XBRL properties: - type: Documentation url: https://www.ifrs.org/issued-standards/list-of-standards/ - type: Specification url: https://www.sec.gov/data-research/standard-taxonomies/ifrs-taxonomy title: IFRS Taxonomy via SEC - name: FASB Accounting Standards Codification description: >- The FASB Accounting Standards Codification (ASC) is the single source of authoritative nongovernmental U.S. GAAP. Organized into Topics, Subtopics, Sections, and Paragraphs, the ASC provides the complete set of accounting guidance for US GAAP. The ASC online provides search, navigation, and research tools for accounting practitioners. humanURL: https://asc.fasb.org/ baseURL: https://asc.fasb.org/ tags: - GAAP - FASB - Codification - US Accounting properties: - type: Documentation url: https://asc.fasb.org/ - type: Documentation url: https://www.fasb.org/standards/accounting-standard-updates title: Accounting Standards Updates - name: XBRL International Specification description: >- eXtensible Business Reporting Language (XBRL) is an open international standard for digital business reporting maintained by XBRL International. It enables the exchange of business information in a structured, machine-readable format. XBRL is required by the SEC for financial filings and adopted by regulators worldwide including ESMA, EIOPA, and EBA. humanURL: https://www.xbrl.org/ baseURL: https://www.xbrl.org/ tags: - XBRL - Digital Reporting - Financial Data - Open Standard properties: - type: Documentation url: https://www.xbrl.org/ - type: Specification url: https://www.xbrl.org/specification/gnl/rec-2003-12-31/gnl-2003-12-31.htm title: XBRL 2.1 Specification common: - type: Website url: https://www.fasb.org/ title: Financial Accounting Standards Board - type: Website url: https://www.ifrs.org/ title: IFRS Foundation - type: Website url: https://xbrl.us/ title: XBRL US - type: GitHubOrganization url: https://github.com/xbrl title: XBRL GitHub Organization - type: Tools url: https://data.sec.gov/ title: SEC EDGAR Data Portal - type: Features data: - name: Structured Financial Reporting description: >- XBRL taxonomies enable machine-readable financial statement reporting that regulators, investors, and analysts can process programmatically. - name: US GAAP Codification description: >- The FASB ASC provides the single authoritative source of US GAAP organized by topic for consistent application across entities. - name: International Standards Harmonization description: >- IFRS provides globally harmonized accounting standards enabling cross-border financial comparability in over 140 jurisdictions. - name: Real-Time Financial Data Access description: >- SEC EDGAR XBRL APIs provide real-time access to structured financial data from all public company filings as JSON. - name: Data Quality Rules description: >- The Data Quality Committee Rules Taxonomy (DQCRT) provides machine-enforceable rules for validating XBRL-tagged financial data. - name: Taxonomy Versioning description: >- Annual FASB taxonomy releases incorporate new accounting standards and ensure accurate representation of current GAAP requirements. - type: UseCases data: - name: Public Company Financial Reporting description: >- Companies use XBRL taxonomies when filing 10-K, 10-Q, and 8-K reports with the SEC, ensuring structured, machine-readable disclosure. - name: Financial Data Analysis description: >- Investors and analysts use SEC EDGAR XBRL APIs to retrieve structured financial statements for quantitative analysis and screening. - name: Accounting Research description: >- CPAs and finance professionals use the FASB ASC to research applicable US GAAP guidance for specific transaction types and disclosures. - name: Regulatory Compliance description: >- Finance teams implement GAAP or IFRS accounting standards to meet regulatory requirements and auditor expectations. - name: FinTech Integration description: >- FinTech platforms integrate with SEC EDGAR APIs to ingest standardized financial data for valuation models, credit analysis, and benchmarking. - type: Integrations data: - name: SEC EDGAR description: >- The SEC's public filing database mandating XBRL for financial disclosures, providing free API access to all structured filing data. - name: XBRL US description: >- Industry consortium supporting XBRL adoption in the US, providing taxonomy resources, training, and data quality rule development. - name: iXBRL (Inline XBRL) description: >- Human-readable HTML combining with machine-readable XBRL tags, now required by the SEC for financial statement filings. - name: ESMA / European Reporting description: >- European Securities and Markets Authority mandating IFRS XBRL reporting under the European Single Electronic Format (ESEF). - name: Deloitte DART description: >- Deloitte's Accounting Research Tool providing access to FASB ASC and IFRS standards with interpretive guidance and examples. - type: JSONLD url: >- https://raw.githubusercontent.com/api-evangelist/accounting-standards/refs/heads/main/json-ld/accounting-standards-context.jsonld title: Accounting Standards JSON-LD Context - type: Vocabulary url: >- https://raw.githubusercontent.com/api-evangelist/accounting-standards/refs/heads/main/vocabulary/accounting-standards-vocabulary.yaml title: Accounting Standards Vocabulary maintainers: - FN: Kin Lane email: kin@apievangelist.com