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Items tagged with "Taxonomy"

FASB seeks comment on financial statement location dimensions guide

The XBRL staff of the Financial Accounting Standards Board (FASB) have issued a proposed Taxonomy Implementation Guide on financial statement location dimensions, aimed at preparers.

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IASB proposes second taxonomy update of 2026

The International Accounting Standards Board (IASB) has opened consultation on its second proposed update to the IFRS Accounting Taxonomy 2025, with comments welcome until 14 September 2026.

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EIOPA proposes a redesign of insurers’ Taxonomy disclosures

As its contribution to the coordinated ESA consultations, EIOPA is consulting on changes to insurance corporate disclosures under the EU Taxonomy framework for environmentally sustainable activities.

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IASB proposes narrow amendment to IFRS for SMEs standard.

FASB consults on taxonomy changes for new hedge accounting proposals

The US Financial Accounting Standards Board (FASB) has issued proposed GAAP Taxonomy Improvements for comment, accompanying a proposed Accounting Standards Update on hedge accounting. Comments are open until 17 August.

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IFRS Foundation Consults on Improvements to the Accounting Taxonomy

The IFRS Foundation is seeking comments on a proposed update to the IFRS Accounting Taxonomy 2025 that would rationalise how narrative elements are structured and labelled. The deadline for comment is 7 September 2026.

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ESMA updates ESEF taxonomy ahead of IFRS 18 transition

The European Securities and Markets Authority (ESMA) has published the 2025 European Single Electronic Format (ESEF) XBRL taxonomy, giving filers greater clarity on exactly what reporting is going to look like as these IFRS reforms come on stream.

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SEC accepts FASB’s 2026 taxonomies

The Financial Accounting Standards Board (FASB) has confirmed that the US Securities and Exchange Commission (SEC) has accepted the full suite of FASB Taxonomies for 2026.

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FRC maps next steps for UK digital taxonomy overhaul

The Financial Reporting Council (FRC) has set out the direction of travel for the next phase of the UK’s digital reporting infrastructure, publishing a feedback statement on proposed technical changes to the UK and Irish Digital Reporting Taxonomy Suite.

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FASB updates development taxonomy for codification improvements

Staff at the Financial Accounting Standards Board (FASB) have incorporated proposed taxonomy improvements into the Development Taxonomy for Accounting Standards Update 2025-12, Codification Improvements.

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FRC opens technical discussion on future UK taxonomy design

This week the UK’s Financial Reporting Council (FRC) launched a discussion paper outlining proposed technical changes to the UK XBRL Taxonomy Suite. The paper invites input from across the digital reporting ecosystem as the FRC looks to modernise its taxonomy architecture.

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