IFRS Taxonomy updated for Investment Entities

 28 November 2012

The IFRS Foundation today published the  International Financial Reporting Standards (IFRS)
Taxonomy 2012 interim release
for Investment Entities.

The  IFRS Taxonomy 2012 is a translation of IFRSs as issued at 1 January 2012 into XBRL (eXtensible Business Reporting Language).  IFRS 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. 

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