IFRS Taxonomy Update
Following the release of the annual IFRS Taxonomy 2016, the IFRS Foundation will also publish updates. IFRS Taxonomy updates may contain:
- Taxonomy changes as a result of new or amended IFRS Standards issued during 2016
- New taxonomy concepts to reflect IFRS common reporting practice
- Architectural changes
- Any other taxonomy improvements
IFRS Taxonomy updates support consistent adoption and implementation of IFRS, by providing taxonomy items for electronic reporting using the latest Standards published by the IASB.
Below are the updates that have been published to the IFRS Taxonomy 2016
To view previous taxonomy updates published to the IFRS Taxonomy please click here.