Proposed Taxonomy Update and comment letters—IFRS Taxonomy Update Common Practice (IFRS 13)


The IFRS Foundation published for public comment a Proposed IFRS Taxonomy Update 1/2018 to reflect common reporting practice relating to disclosure requirements in IFRS 13 Fair Value Measurement.

IFRS Taxonomy updates reflect new IFRS Standards or amendments to IFRS Standards issued by the International Accounting Standards Board, allowing companies that report electronically using the latest IFRS Standards to do so without creating entity-specific taxonomy concepts. The updates may also include technical improvements, new common practice elements or other taxonomy improvements.

The IFRS Taxonomy 2018—Proposed Update 1 Common Practice (IFRS 13 Fair Value Measurement) can be found below. For related files, please go to the project page.

Deadline for submitting comment letters: 19 November 2018.

All comment letters should be submitted via the online upload page. If you have any problems using this page, please contact us for help with the submittal process. Please refrain from sending comment letters to IASB or IFRS Foundation individuals. Board and staff members have access to all comment letters submitted via the online upload page. You must be an eIFRS Basic user to submit a comment letter and registration is free.

All comment letters will be on the public record and posted on our website unless the respondent requests confidentiality. Such requests will not normally be granted unless supported by a good reason, for example, commercial confidence.


Comment letters are public and all comment letters received on the due process document can be accessed below.

If you have trouble finding a specific comment letter, please contact us.

Access individual comment letters in the table below or download all letters as zip file.


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