2016 IFRS XBRL taxonomy issued

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

31 Mar, 2016

The IFRS Foundation has issued its 2016 IFRS Taxonomy. The IFRS Taxonomy is a translation of IFRSs (International Financial Reporting Standards) into XBRL (eXtensible Business Reporting Language).

The IFRS Taxonomy 2016 is consistent with IFRSs as issued by the IASB at 13 January 2016 and incorporates the finalised taxonomy update 1 and the finalised taxonomy update 2, both published by the IFRS Foundation in December 2015. Final changes resulting from the proposed taxonomy update 3 published in January 2016 have been incorporated directly into the IFRS Taxonomy 2016.

On 13 April 2016, the IFRS Taxonomy team is holding a webinar session to answer questions about the IFRS Taxonomy 2016.

For more information, see the press release and the IFRS Taxonomy 2016 page on the IASB's website.

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