IFRS Taxonomy Creation
Brief Description:
The IFRS Foundation XBRL Team is responsible for developing and maintaining the XBRL representation of the IFRSs, known as the IFRS Taxonomy.
Project Objectives:
The IFRS Taxonomy is used around the world to facilitate the electronic use and exchange of financial data prepared in accordance with IFRSs.
Project Link:
http://www.ifrs.org/XBRL/XBRL.htm Project Purpose:
Standard Setting
Project Content:
Taxonomy Creation
Internal/External Reporting:
No Information Available
Status:
Development
Collected Data Availability:
No Information Available
Mandatory or Optional:
No Information Available Information About Project:
Organization Sponsoring Project:
IFRS Foundation
Type of Organization Sponsoring Project:
NonProfit Information About Organization:
The IFRS Foundation is an independent, not-for-profit private sector organisation working in the public interest. Its principal objectives are:
•to develop a single set of high quality, understandable, enforceable and globally accepted international financial reporting standards (IFRSs) through its standard-setting body, the IASB;
•to promote the use and rigorous application of those standards;
•to take account of the financial reporting needs of emerging economies and small and medium-sized entities (SMEs); and
•to bring about convergence of national accounting standards and IFRSs to high quality solutions.
Region:
International 





