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BASIC TAG CRITERIAPlease Note: The purpose of this page is to give you a basic understanding of TAG requirements. The information on this page does not replace the advising you will receive from a
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01
To fill out basic tag criteria, follow these steps:
02
Identify the purpose or goal of the basic tag.
03
Determine the specific information or attributes that should be captured by the tag.
04
Create a template or format for the basic tag.
05
Include the necessary fields or elements in the tag template.
06
Define the data type or format for each field, such as text, number, date, etc.
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Clarify any validation rules or constraints for the tag data.
08
Provide clear instructions or guidelines on how to fill out the basic tag criteria.
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Test the basic tag criteria to ensure it captures the required information accurately.

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Basic tag criteria refer to the essential requirements set by regulatory authorities for identifying and categorizing financial information in reporting documents.
Entities that are mandated to file financial reports with regulatory agencies, such as public companies and certain private entities, are required to adhere to basic tag criteria.
To fill out basic tag criteria, entities should carefully follow the guidelines provided by the regulatory authority, ensuring that all relevant financial data is accurately tagged and reported according to prescribed formats.
The purpose of basic tag criteria is to improve the consistency, comparability, and transparency of financial reporting, making it easier for investors and regulators to analyze the information.
Information that must be reported includes financial statements, notes to the financial statements, management discussion and analysis, and significant accounting policies.
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