IFRS Foundation publishes proposed IFRS Taxonomy 2011
18 Jan, 2011
The IFRS Foundation has published for public comment an exposure draft of the IFRS Taxonomy 2011. The proposed taxonomy is a translation of pronouncements as issued at 1 January 2011 into XBRL (eXtensible Business Reporting Language) and is consistent with IFRSs (International Financial Reporting Standards), including IASs (International Accounting Standards) and the IFRS for SMEs (Small and Medium-sized Entities).
An interactive webcast on the proposed 2011 taxonomy will be held at 9:00am (London time) on Thursday, 27 January 2010, and repeated at 3:00pm (London time) on the same day. Click for registration information (link to IFRS Foundation website).
The exposure draft IFRS Taxonomy 2011 is open for comment until 18 March 2011.