• IASB Foundation Publishes IFRS Taxonomy 2019

IASB Foundation Publishes IFRS Taxonomy 2019

02 April 2019

The IFRS Foundation has published the IFRS Taxonomy 2019. It includes changes resulting from a common practice update and a general improvement update to the IFRS Taxonomy 2018.

The IFRS Taxonomy facilitates electronic reporting of financial information prepared in accordance with IFRS Standards. Preparers can use the IFRS Taxonomy to tag disclosures, making them more easily accessible to investors who prefer to receive their financial information electronically.

The article and related documents can be viewed here.