IFRS Foundation publishes proposed IFRS Taxonomy update
24 Nov, 2020
The IASB has published PTU/2020/5 'IFRS Taxonomy 2020 — 'General Improvements and Common Practice — IAS 19 'Employee Benefits'''.
The proposed update includes elements to reflect common reporting practice and new and amended labels to clarify the accounting meaning and intended use of some existing elements.
For more information, see the press release and proposed update on the IASB’s website. Comments are requested by 26 January 2021.
