9 September 2013
The IFRS Foundation has published today for public comment an Interim Release Package on the IFRS Taxonomy 2013.
The IFRS Taxonomy 2013 is a translation of IFRS as issued at 1 January 2013 into XBRL (eXtensible Business Reporting Language).
Taxonomy interim releases contain additional taxonomy concepts that reflect new
IFRSs and improvements to IFRSs published by the IASB, thereby allowing entities
wishing to report electronically using the latest IFRSs to do so without the
need for these entities to create their own taxonomy concepts. They may also
contain technical updates and corrections.
This interim release is designed to be part of an accelerated timeline for the release of the IFRS Taxonomy 2014. The final version of the IFRS taxonomy 2014 is expected to be published in early 2014. It is hoped that an earlier release date for the annual taxonomy will help regulators and other users.
This Exposure Draft Interim Release Package is an update to the 2013 Taxonomy annual release and includes:
files and support materials click
The IFRS Foundation will be holding two webinars on Monday 30 September to provide details and answer question related to this interim release:
comment on the Exposure Draft IFRS taxonomy 2013 Interim Release Package, click
The comment period will close on 11 November 2013.