IFRS Taxonomy 2018
16 March 2018
The IFRS Foundation has published IFRS Taxonomy 2018, which includes a number of updates to the IFRS Taxonomy 2017.
Updates to the IFRS Taxonomy are released during the year to reflect changes to IFRS Standards, common reporting practice by companies that apply IFRS Standards, general improvements to the IFRS Taxonomy or technology changes
The IFRS Taxonomy 2018 incorporates the IFRS Taxonomy Update for IFRS 17 Insurance Contracts published in January 2018 as well as the following, which have also been released at the same time as the IFRS Taxonomy 2018:
- IFRS Taxonomy 2017 Annual Improvements
- IFRS Taxonomy 2017 Prepayment Features with Negative Compensation
Further information is available from the IASB’s web site here