IFRS Foundation publishes updates to the IFRS Accounting Taxonomy 2023
IFRS Foundation publishes updates 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 includes proposed changes to the IFRS Accounting Taxonomy to reflect:
The proposed updates may be accessed here.
The proposed update 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.
The proposed updates may be accessed here.