IFRS Foundation proposes changes to the IFRS Accounting Taxonomy 2023

 

The IFRS Foundation has published IFRS Accounting Taxonomy 2023—Proposed Update 2 Common Practice for Financial Instruments, General Improvements and Technology Update.

The proposed update aims to support high-quality digital tagging of information and includes proposed changes to the IFRS Accounting Taxonomy to reflect:

    • common reporting practice relating to the presentation of financial instruments in digital financial statements prepared by banking institutions using IFRS Accounting Standards
    • general improvements; and
    • updates to the IFRS Accounting Taxonomy’s technology.
Access the 
IFRS Accounting Taxonomy 2023—Proposed Update 2 Common Practice for Financial Instruments, General Improvements and Technology Update.

https://www.ifrs.org/news-and-events/news/2023/11/ifrs-foundation-proposes-changes-to-ifrs-accounting-taxonomy-2023/

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