The IFRS Foundation today published the
Financial Reporting Standards (IFRS) Taxonomy 2012 interim release for IFRS 10, IFRS 12 & IAS 27 for Investment Entities,
which was issued by the IASB in October 2012.
IFRS Taxonomy 2012 is a translation of IFRSs as issued at 1 January 2012 into XBRL (eXtensible Business Reporting Language). IFRS Taxonomy interim releases contain additional taxonomy concepts that reflect new IFRSs and improvements to IFRSs published by the IASB, thereby allowing entities wishing to report electronically using the latest IFRSs to do so without the need for these entities to create their own taxonomy concepts. From an XBRL technology perspective, these additional items are consistent with the XBRL architecture of the 2012 taxonomy as outlined in
The IFRS Taxonomy 2012 Guide and
The Global Filing Manual.
All IFRS Taxonomy 2012 interim releases will be incorporated and consolidated in the IFRS Taxonomy 2013. The public draft of the 2013 taxonomy is due to be published in Q1 2013.