In order to better understand the IFRS meanings and concepts, the IFRS has published a document that provides guidance for technical and financial reporting audiences with the aim of improving the data quality of the IFRS Taxonomy filings. The document addresses the technical and financial perspectives separately in each section.
The formula linkbase can be used with software packages supporting the XBRL formula specification 1.0 (June 22, 2009; including errata corrections as of 2011-03.10) and allows for additional validations of the reported facts. The IFRS Taxonomy formula linkbase is developed in a generic manner, which means it can be utilised directly on the filings created, on the basis of the IFRS Taxonomy (instance documents) or the company specific extensions to the IFRS Taxonomy (filer extension taxonomy and instance document). The guidance documentation for Formula linkbase is available in the resource materials sectionof the IFRS website.