IFRS Foundation proposes update to IFRS Taxonomy 2022
16 Nov, 2022
The IFRS Foundation has issued a proposed IFRS Taxonomy Update, 'IFRS Accounting Taxonomy 2022 Proposed Update 1 — General Improvements and Common Practice'.
The proposed changes aim to improve the quality of tagged data and to make the IFRS Accounting Taxonomy easier to use.
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 16 December 2022.
