2017 IFRS XBRL taxonomy issued

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

09 Mar 2017

The IFRS Foundation has issued its 2017 IFRS Taxonomy. The IFRS Taxonomy is a translation of IFRSs (International Financial Reporting Standards) into XBRL (eXtensible Business Reporting Language).

The IFRS Taxonomy 2017 is consistent with IFRSs as issued by the IASB at 1 January 2017 and incorporates the finalised taxonomy update 1 and the finalised taxonomy update 2, published by the IFRS Foundation in April and in December 2016 respectively. Final changes resulting from the proposed taxonomy update 3 published in December 2016 have been incorporated directly into the IFRS Taxonomy 2017.

On 28 March 2017, the IFRS Taxonomy team is holding two webinar sessions  (one in the morning, one in the afternoon) to answer questions about the IFRS Taxonomy 2017.

For more information, see the press release and the IFRS Taxonomy 2017 page on the IASB's website.

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