IFRS * XBRL = New Taxonomy
Link to taxonomy: IASC XBRL
After providing a comment period for a draft taxonomy in March, the International Accounting Standards Committee has published in final form an XBRL Taxonomy for businesses using IFRS for their accounting basis. The document includes an Architecture Paper and Extenders Guide and has been thoroughly reviewed by the XBRL Review Team. Although not clearly indicated, the taxonomy apparently includes notes
as well as financial statements.
Congratulations to the IASC on this accomplishment. Users of financials throughout the world will increasingly have excess to all the benefits that XBRL promises.
After providing a comment period for a draft taxonomy in March, the International Accounting Standards Committee has published in final form an XBRL Taxonomy for businesses using IFRS for their accounting basis. The document includes an Architecture Paper and Extenders Guide and has been thoroughly reviewed by the XBRL Review Team. Although not clearly indicated, the taxonomy apparently includes notes
as well as financial statements.
Congratulations to the IASC on this accomplishment. Users of financials throughout the world will increasingly have excess to all the benefits that XBRL promises.
posted by Dan Meyer at 6:27 PM
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