Draft UKSEF Conformance Suite published
News types:
Published: 9 November 2023
As part of the 2024 Taxonomy annual cycle, the FRC has created a Conformance Suite for the UKSEF taxonomy and its multiple target document approach. This is currently in its DRAFT stage and open to public consultation until 31 December 2023. It should be used and understood with reference to section 4 of the UKSEF Tagging Guide 2024, above. Comments and questions on the proposed tests and the supplied test files should be sent to [email protected].
The UKSEF Conformance Suite is the physical embodiment of the UKSEF filing requirements adopted and published by one or more regulators, in this case the FCA and Companies House. It is the "single source of the truth” in relation to the meaning and intention of UKSEF filing rules and should ensure universal consistency in the UKSEF filing regime, no matter the preparation application or the regulator. It is key to the smooth adoption and working of the regime.