Project history of the IFRS Taxonomy 2012

• 20 December 2011 to 6 January 2012 - the IFRS Foundation issued a draft of the IFRS Taxonomy 2012 to the XQRT (XBRL Quality Review Team)for review.  The XQRT is an external committee that supports the Foundation by reviewing draft taxonomies.  Fourteen comment letters from the XQRT.  The Foundation analysed and responded to all of these comments and, where appropriate, changes were implemented in the IFRS Taxonomy.
• 18 January to 18 March 2012 - the IFRS Foundation published an  exposure draft of the IFRS Taxonomy 2012 for public comment.  Eight comment letters were received. We considered all of the points raised when developing the final IFRS Taxonomy 2012.
• 29 March 2012 - the IFRS Foundation published the final IFRS Taxonomy 2012.