Updated preparer’s guide to the IFRS Taxonomy
Jan 23, 2019
On January 23, 2019, the IFRS Foundation released an updated version of "Using the IFRS Taxonomy — A preparer’s guide" that is intended to help companies understand the IFRS Taxonomy content.
The updates in comparison to the 2017 version of the document include:
- a new section that provides more detail on how to communicate company-specific information;
- new examples illustrating how to find the correct element when tagging the primary financial statements; and
- other clarifications and improvements.
Review the press release and updated guide on the IASB's website.
