The IFRS Foundation Publishes the IFRS Taxonomy 2017

The IFRS Foundation has published the IFRS Taxonomy 2017, which reflects the IFRS Standards as issued by the International Accounting Standards Board at 1 January 2017, including Standards published but not yet effective at that date.

The IFRS Taxonomy 2017 is available for both the full IFRS Standards and the IFRS for SMEs.

The IFRS Taxonomy 2017 incorporates the IFRS Taxonomy Update 1 and IFRS Taxonomy 2 published since the annual IFRS Taxonomy 2016. These Updates related to the Disclosure Initiative (Amendments to IAS 7) and Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4) respectively.

The IFRS Taxonomy 2017 also includes the final changes resulting from the Proposed Taxonomy Update 3-Common Practice (agriculture, leisure, franchises, retail and financial institutions) modified in the light of comments received on that document. 


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