IFRS Foundation proposes second update to IFRS Taxonomy 2022
28 Nov, 2022
The IFRS Foundation has issued a proposed IFRS Taxonomy Update, 'IFRS Accounting Taxonomy 2022 Proposed Update 2 — 'Lease Liability in a Sale and Leaseback' and 'Non-current Liabilities with Covenants''.
The proposed changes reflect two recent amendments to IFRS Accounting Standards:
Details on the proposed changes are available in the press release on the IFRS Foundation website and in proposed update itself. Comments are requested by 28 December 2022.