IFRS Foundation publishes proposed IFRS Taxonomy for issues identified in the context of annual improvements
30 Nov 2017
The IFRS Foundation has published a proposed IFRS Taxonomy update 'IFRS Taxonomy 2017 — Annual Improvements'.
The proposed Taxonomy Update contains proposed improvements to the IFRS Taxonomy 2017 relating to:
- enhancements to the data model to support consistent tagging of reporting related to continuing and discontinued operations;
- changes to better reflect the disaggregation of disclosures in IAS 19 Employee Benefits; and
- changes to better reflect disclosures in IFRS 7 Financial Instruments: Disclosures relating to the initial application of IFRS 9 Financial Instruments.
Comments on the proposed Taxonomy Update are requested by 29 January 2018.
For more information, see the press release and proposed Taxonomy Update on the IASB’s website.
