IFRS Foundation proposes update to IFRS Taxonomy 2021

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Dec 16, 2021

On December 16, 2021, the IFRS Foundation issued a proposed IFRS Taxonomy Update, "IFRS Taxonomy 2021 Proposed Update 3 — Initial Application of IFRS 17 and IFRS 9 — Comparative Information (Amendment to IFRS 17)". Comments are requested by January 17, 2022.

The proposed changes reflect those made by Initial Application of IFRS 17 and IFRS 9—Comparative Information, issued on December 9.

Review the press release for details on the proposed changes and the proposed update on the IASB's website.

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