IASB proposes updates to IFRS Accounting Taxonomy 2024

The IASB has proposed updates to the IFRS Accounting Taxonomy 2024 to reflect the following new and amended IFRS Accounting Standards:
  • IFRS 19 Subsidiaries without Public Accountability: Disclosures, which was issued in May 2024;
  • Amendments to the Classification and Measurement of Financial Instruments, which amended IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures and was issued in May 2024; and
  • Annual Improvements to IFRS Accounting Standards—Volume 11, which was issued in July 2024.
The proposed update may be accessed here. Comments may be submitted by 28 October 2024.