18 May 2017

IFRS Foundation publishes proposed Taxonomy Update for IFRS 17 Insurance Contracts

The International Accounting Standards Board (the Board) published today for public comment the proposed Taxonomy Update 1 to the IFRS Taxonomy 2017.

This Proposed Taxonomy Update incorporates the IFRS Taxonomy elements for IFRS 17 Insurance Contracts, issued by the Board in May 2017.

Updates to the IFRS Taxonomy contain additional taxonomy concepts that reflect new Standards and amendments to Standards issued by the Board. They may also contain technical updates, new common practice elements or general taxonomy improvements.

The proposed Taxonomy Update 1 to the IFRS Taxonomy 2017: IFRS 17 Insurance Contracts is open for comment until 18 September 2017.

For the Proposed IFRS Taxonomy Update Document and the Proposed IFRS Taxonomy Files in XBRL, please go to the Published documents section.

For the IFRS Taxonomy Illustrated, versioning reports and other supporting materials, please go to the Supporting material section.

To comment on the proposed IFRS Taxonomy Update, please go to the open for comment page.

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