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IFRS Foundation publishes IFRS Taxonomy 'common-practice' enhancements

31 Aug 2011

The IFRS Foundation has published IFRS Taxonomy 2011 interim release: common-practice concepts.

This interim release enhances the IFRS Taxonomy by providing common-practice extensions for the face of financial statements, to reduce the work load of preparers filing electronically.

In June 2011, the IASB published for public comment an exposure draft of the IFRS Taxonomy 2011 interim release: common-practice concepts which contained supplementary tags that reflected disclosures which were commonly reported by entities in their IFRS financial statements.

Click for IFRS Foundation announcement (link to IASB website). More information about XBRL is available on our XBRL page.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.