2017 IFRS XBRL taxonomy issued

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Mar 09, 2017

On March 9, 2017, the IFRS Foundation issued its 2017 IFRS Taxonomy. The IFRS Taxonomy is a translation of IFRSs (International Financial Reporting Standards) into XBRL (eXtensible Business Reporting Language).

The IFRS Taxonomy 2017 is consistent with IFRSs as issued by the IASB at January 1,2017 and incorporates the finalized taxonomy update 1 and the finalized taxonomy update 2, published by the IFRS Foundation in April and in December 2016 respectively. Final changes resulting from the proposed taxonomy update 3 published in December 2016 have been incorporated directly into the IFRS Taxonomy 2017.

On March 28, 2017, the IFRS Taxonomy team is holding two webinar sessions to answer questions about the IFRS Taxonomy 2017.

Review the press release and the IFRS Taxonomy 2017 page on the IASB's website.

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