Accounting Standards

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-images.s3.amazonaws.com/shared/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