IFRS Foundation publishes second update to IFRS Taxonomy 2015

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08 Dec 2015

The IFRS Foundation has published 'Update 2 to the IFRS Taxonomy 2015 - Common Practice'.

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 entities in the information technology, media, chemicals and utilities industries. The IFRS Foundation published Update 1 to the IFRS Taxonomy on 1 December 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.