IASCF Releases Final Version of IFRS-General Purpose Taxonomy

The IASCF and IFRS Taxonomy Working Group are pleased to announce the release of the IFRS-GP (2005-05-15) Taxonomy (Status: Final).

This Taxonomy represents International Financial Reporting Standards General Purpose Financial Reporting for Profit-Oriented Entities, Incorporating Additional Requirements for Banks and Similar Financial Institutions (IFRS-GP).

This taxonomy was Acknowledged by XBRL International on Tuesday 31 May, confirming it is fully compliant with the XBRL specification.

The taxonomy is based on IFRS Bound Volume 2005.  It has the status "Final". The taxonomy will remain unchanged for 2005.

The taxonomy is available via http://xbrl.iasb.org/int/fr/ifrs/gp/2005-05-15/

By downloading the IFRS-GP taxonomy and/or its supporting documentation you agree to abide by the IASCF's Terms of Use (http://xbrl.iasb.org/about/termsofuse.asp).

New Features

There are a number of new features included in this staging.  In particular:

· An open-source developed taxonomy viewer:  http://xbrl.iasb.org/int/fr/ifrs/gp/2005-05-15/viewers.htm.  A number of other views will also be added as they become available.

· A modularised taxonomy explanatory diagram:  http://xbrl.iasb.org/int/fr/ifrs/gp/2005-05-15/overview.pdf

· A taxonomy modules manager - enabling the user to select the modules required to easily create an extension taxonomy or instance:  http://xbrl.iasb.org/int/fr/ifrs/gp/2005-05-15/tmm/createForm.asp

 Extras:

· Links to an enhanced change log provided by Paul Snijders of Semansys.  See: http://xbrl.iasb.org/int/fr/ifrs/gp/2005-05-15/extras.html

· Provision for a link to the Hitchhiker's Guide to Understanding the IFRS-GP and Summary documentation, a useful overview (unofficial) of the IFRS-GP taxonomy. 

Many thanks to those who have contributed to the completion of the taxonomy.

Announced on Behalf of Kurt Ramin and Josef Macdonald

IASCF XBRL Team

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