The agenda and papers for the next IFRS Taxonomy Consultative Group meeting, to be held on 19 April 2018, have been published. The topics for discussion will include: Principles of Disclosure IFRS Taxonomy—Technology review IFRS Taxonomy implementation support IFRS Taxonomy content—areas for discussion Handling of entity-specific disclosures Common practice analysis—IFRS 13 Fair Value Measurement IFRS Taxonomy […]
Fed up providing feedback on new taxonomy releases and validation rules? We thought not. And just as well. The XBRL US Data Quality Committee (DQC) this week announced that it has initiated a public review period for its sixth-set of freely available proposed rules, which now includes rules for foreign private issuers (FPI) filing using the […]
The IFRS Foundation has published proposals for updates to the IFRS taxonomy. Comments close on 29 January.
Sixty percent of financial statement data is already being consumed electronically, and this figure will continue to grow, according to International Accounting Standards Board Chairman, Hans Hoogervorst in a speech in which he outlined the importance of digital reporting amongst several other priorities.
The IFRS Foundation has published illustrative tagging for the proposed IFRS Taxonomy Update IFRS Taxonomy 2017—IFRS 17 Insurance Contracts. The illustrative tagging shows how selected information from the Examples accompanying IFRS 17 could be tagged using the proposed IFRS Taxonomy Update. It is published in XBRL and iXBRL (inline XBRL) formats. You can download the […]