01 August 2017

Summary of the ITCG June discussions now available

The IFRS® Taxonomy Consultative Group (ITCG) held a face-to-face meeting on 12 June 2017.

The group discussed:

  • recent Better Communication in Financial Reporting activities;
  • an update by the European Securities and Markets Authority and the US Securities and Exchange Commission on the use of the IFRS Taxonomy;
  • a draft of Using the IFRS Taxonomy—a preparer’s guide;
  • proposed IFRS Taxonomy content changes for continuing and discontinued operations and for IFRS 17 Insurance Contracts;
  • IFRS Taxonomy tables;
  • an update by XBRL International on entity-specific disclosures;
  • IFRS Taxonomy implementation notes; and
  • development of an IFRS Taxonomy platform.

View the ITCG June meeting summary.

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