IFRS Foundation publishes proposal related to IFRS Taxonomy 2015

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17 Jun 2015

The IFRS Foundation has published “Proposed Update 1 to the IFRS Taxonomy” for public comment.

The taxonomy updates contain additional taxonomy concepts that reflect new IFRSs and improvements to IFRSs, technical updates, and corrections. This update includes taxonomy elements for the May 2015 final amendments to the IFRS for SMEs.

Comments on the proposed update are due by 17 August 2015.

For more information, see the press release on the IASB’s website.

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.