IASB publishes second proposal for IFRS Taxonomy 2013
15 Jan, 2014
The IFRS Foundation has published for public comment an exposure draft of the IFRS Taxonomy 2013 Interim Release Package 2.
The proposed interim release contains additional taxonomy concepts that reflect new IFRSs and improvements to IFRSs published by the IASB and technical updates and corrections. It includes amendments made by (1) IFRS 9; (2) Annual Improvements to IFRSs 2010-2012 Cycle; and (3) the 2013 empirical analysis of IFRS financial statements of real estate and telecommunications entities.
This interim release is part of an accelerated timeline for the release of the IFRS Taxonomy 2014. The first Interim Release Package was issued in September 2013. The final version of the IFRS Taxonomy 2014 expected to be published in early March 2014.
The Exposure Draft IFRS Taxonomy 2013 Interim Release Package 2 is open for comment until 14 February 2014.
The press release is available on the IASB's website.
