IFRS Foundation proposes update to IFRS Taxonomy 2021
16 Dec 2021
The IFRS Foundation has issued a proposed IFRS Taxonomy Update, 'IFRS Taxonomy 2021 Proposed Update 3 — Initial Application of IFRS 17 and IFRS 9 — Comparative Information (Amendment to IFRS 17).
The proposed changes reflect those made by Initial Application of IFRS 17 and IFRS 9—Comparative Information, issued on 9 December.
Details on the proposed changes are available in the press release on the IASB website and in proposed update itself. Comments are requested by 17 January 2022.