Summary of the February 2023 ITCG meeting

  • ITCG meeting (mid blue) Image

29 Mar 2023

The IASB has published a summary of the IFRS Taxonomy Consultative Group (ITCG) meeting held on 27-28 February 2023.

The ITCG discussed the following topics:

  • IASB digital financial reporting strategy update
  • IFRS Accounting Taxonomy
    • digital representation of subtotals and categories in the statement of financial performance
    • feedback on IFRS Accounting Taxonomy 2022 Proposed Update 1
    • financial instruments common practice review
  • IFRS Sustainability Disclosure Taxonomy
    • general update
    • facilitating use in jurisdictions which do not permit extensions

The meeting summary is available on the IASB website.

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