IFRS Foundation video on proposed changes to IFRS Accounting Taxonomy 2023
28 Nov 2023
The IFRS Foundation has issued a video featuring IASB Member Ann Tarca who provides an explanation of the proposed changes to the IFRS Accounting Taxonomy for 2023.
Key proposals in IFRS Accounting Taxonomy — Proposed Update 2 include:
- Enhanced comparison of narrative information.
- Financial instruments based on common reporting practice.
- General improvements.
- Technology update.
Comments on the proposals are requested by 5 January 2024. For more information, see the press release on the IFRS Foundation’s website.
