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IASB XBRL team seeks participants for its 2014 XBRL Common Practice Project

  • XBRL (eXtensible Business Reporting Language) (mid blue) Image

07 Apr 2014

In the last four years, the IASB XBRL team has been interacting with companies from various countries and industries to identify and develop extra concepts to the IFRS taxonomy reflecting common practices. The IASB XBRL team is re-establishing the project to examine and develop common industry practice concepts for the IFRS Taxonomy, and is looking to work directly with stakeholders across different industries and regions in order to increase comparability, reduce the number of XBRL extensions, and lower the burden on preparers.

For 2014, the project will be focusing to the following industries:

  • Chemicals;
  • Information Technology;
  • Media; and
  • Utilities.

Companies interested in participating in this project should express their interest by 15 April 2014.

For further information please go to the press release 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.