The IFRS Foundation has issued enhancements to
the IFRS taxonomy 2011 relating to common-practice reporting.
The additional tags intend to enhance the
usability of IFRS taxonomy and reflect common reporting practice
across the world and across industries.
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The enhancements aim to reduce divergence in
reporting practice and enhance comparability of IFRS financial
information.
The IFRS Foundation’s next step will involve
conducting a detailed analysis of disclosures within notes to
financial statements and identifying common reporting practice in
these note disclosures.
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IFRS Foundation issues taxonomy 2011
