IFRS Foundation publishes IFRS Taxonomy update

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Dec 17, 2020

On December 17, 2020, the IFRS Foundation published "IFRS Taxonomy 2020 — Update 2 Interest Rate Benchmark Reform — Phase 2''.

This Taxonomy update includes elements to reflect the amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4, and IFRS 16 introduced by Interest Rate Benchmark Reform — Phase 2 issued in August 2020.

Review the press release and Taxonomy update on the IASB’s website.

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.