The IFRS Foundation has published an IFRS Taxonomy 2011
interim release for common-practice concepts.
The interim release aims to provide extensions
for the most commonly used concepts to reduce the work load for
preparers when electronically filing financial statements in
accordance with the IFRSs.
IFRS Taxonomy interim releases contain
additional taxonomy concepts that reflect new IFRSs and
improvements to IFRSs published by the International Accounting
Standards Board, allowing entities wishing to report electronically
using the latest IFRSs to do so without the need to create their
own taxonomy concepts.
These additional items are consistent with the
XBRL architecture of the 2011 Taxonomy as outlined
in The
IFRS Taxonomy 2011 Guide and the Global Filing Manual.
All IFRS Taxonomy 2011 interim releases will
be incorporated and consolidated in the IFRS Taxonomy 2012. The
public draft of the 2012 taxonomy is due to be published in Q1
2012.
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