Navigating the IFRS Taxonomy – Members’ Forum
XBRL International Members’ Forum Webinar
Wednesday, 25 April
13:00 – 14:00 UTC
The next Members’ Forum webinar is on the topic of Navigating the IFRS Taxonomy. The webinar will feature a experts from the International Accounting Standards Board (IASB) and will include and overview and deeper dive into the IFRS Taxonomy.
The IFRS Taxonomy facilitates the digital creation and consumption of financial information. It improves investors’ access to financial information by listing and defining specific codes, or elements, that can be used to tag items of data. Tagging enables investors to find, process and analyse data quickly and cost-effectively.
The IFRS Taxonomy reflects the presentation and disclosure requirements of IFRS Standards and includes elements from the accompanying materials to the IFRS Standards such as implementation guidance and illustrative examples. In addition, it contains elements for disclosures not specifically required by IFRS Standards but commonly reported in practice.
Join the webinar to learn about:
- Objectives of the IFRS Taxonomy presentation linkbase
- General design principles
- IFRS Taxonomy presentation and accounting meaning of an element
- Finding elements for tagging primary financial statements
- Finding elements that are specific to particular activities
Our panel includes:
- Rita Clijmans, Senior Techinical Manager – IFRS Taxonomy, International Accounting Standards Board (IASB)
- Aishat Akinwale – International Accounting Standards Board (IASB)
