Digital reporting and the IFRS digital taxonomies
11 Apr 2024
The IFRS Foundation has published an article 'Digital financial reporting — Facilitating digital comparability and analysis of financial reports' and has set up a new dedicated website.
In the article, IASB member Ann Tarca and ISSB member Bing Leng explain (i) what digital financial reports are and how they are created, (ii) the benefits of digital financial reporting for investors, companies and regulators, and (iii) the importance of the IFRS digital taxonomies.
The new subsite contains all materials about digital financial reporting and the IFRS digital taxonomies — the IFRS Accounting Taxonomy and the forthcoming IFRS Sustainability Disclosure Taxonomy.
Please click to access the following information on the IFRS Foundation website:
