Korean Language Labels
Korean Language Labels for the IFRS Taxonomy are now available. XBRL taxonomies are modular definitions that can include labels in many different languages. This capability allows the automatic translation of disclosed reporting captions from the original language of the preparer to any or all target languages for which those labels have been developed. Official translations from the IFRS team are a very welcome way to bring the world of financial and performance reporting just a little bit closer together. More information – and the taxonomy files – on the IFRS website.
