IFRS Foundation publishes first update to IFRS Taxonomy 2016

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28 Apr, 2016

The IFRS Foundation has published 'Update 1 to the IFRS Taxonomy 2016'.

The taxonomy updates contain additional taxonomy concepts that reflect new IFRSs and improvements to IFRSs, technical updates, and corrections. This update includes taxonomy elements for the January 2016 final amendments to IAS 7 under the disclosure initiative.

For more information and access to the update, see 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.