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IFRS Foundation publishes proposed IFRS taxonomy update for IFRS 16, “Leases”

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Jan 21, 2016

The IFRS Foundation has published a proposed IFRS taxonomy update, “IFRS Taxonomy 2015 — IFRS 16 ‘Leases.’”

This proposed update includes taxonomy concepts that reflect the new guidance in IFRS 16, Leases, as well as amended ref­er­ences related to the deferral of the effective date of IFRS 15, Revenue From Contracts With Customers.

Comments on the proposed taxonomy update are due by March 21, 2016.

For more in­for­ma­tion, see the press release and proposed taxonomy update on the IASB’s Web site.

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.