• European Commission Requires Electronic Tagging of Financial Statements using the IFRS Taxonomy

European Commission Requires Electronic Tagging of Financial Statements using the IFRS Taxonomy

07 June 2019

The European Commission has announced that consolidated financial statements prepared by listed entities using IFRS will have to tag their primary financial statements using the IFRS Taxonomy for financial years starting on or after 1 January 2020.

The article discussing this change can be viewed here.