The IFRS Taxonomy formula linkbase 2019 is now available to download. It can be used with software tools that support the XBRL formula specification 1.0.
The IFRS Taxonomy formula linkbase can help with validating, and thereby improving, the reliability of values reported using the IFRS Taxonomy and the XBRL technical format. For example, the linkbase can be used to help preparers avoid reporting negative values for IFRS Taxonomy elements where positive values are expected.
The IFRS Taxonomy formula linkbase 2019 is an update of the 2018 version, and accompanies the IFRS Taxonomy 2019. It reflects content changes in the IFRS Taxonomy 2019 and includes an updated technical structure for the following validation categories:
- group 1 negative validations for full IFRS Standards; and
- technical validations—adjustments for duplicate facts validation for both full IFRS Standards and the IFRS for SMEs Standard.
For the IFRS Taxonomy formula files in XBRL and guidance for the formula linkbase, as well as other general resources for the IFRS Taxonomy, please click here.