The IFRS Foundation has published proposed Updates to the IFRS Taxonomy 2017 (Proposed Update) for changes to International Financial Reporting Standards (IFRS) resulting from annual improvements to IFRS by the International Accounting Standards Board (IASB). The comment deadline for the Proposed Update is 29 January 2018.
The Proposed Update incorporates recent updates for IFRS and amendments to IFRSs issued by the IASB.
This Proposed Update includes improvements related to:
- Enhancements to the data model relating to continuing or discontinued operations
- Disaggregation of disclosures in International Accounting Standard (IAS) 19, Employee Benefits
- Disclosures in IFRS 7, Financial Instruments: Disclosures, relating to initial application of IFRS 9, Financial Instruments.
The Proposed Update and the supporting materials are available for download on this link. http://www.ifrs.org/projects/work-plan/ifrs-taxonomy-update-2017-annual-improvements/comment-letters-projects/proposed-ifrs-taxonomy-update-and-comment-letters-2017-annual-improvements/