IFRS Foundation publishes proposed IFRS Taxonomy 2011

  • XBRL (eXtensible Business Reporting Language) (mid blue) Image

18 Jan 2011

The IFRS Foundation has published for public comment an exposure draft of the IFRS Taxonomy 2011. The proposed taxonomy is a translation of pronouncements as issued at 1 January 2011 into XBRL (eXtensible Business Reporting Language) and is consistent with IFRSs (International Financial Reporting Standards), including IASs (International Accounting Standards) and the IFRS for SMEs (Small and Medium-sized Entities).

Click for IFRS Foundation press release (link to IFRS Foundation website).

An interactive webcast on the proposed 2011 taxonomy will be held at 9:00am (London time) on Thursday, 27 January 2010, and repeated at 3:00pm (London time) on the same day. Click for registration information (link to IFRS Foundation website).

The exposure draft IFRS Taxonomy 2011 is open for comment until 18 March 2011.

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