IFRS Foundation issues ED IFRS Taxonomy 2011

On 18 January, the IFRS Foundation published for public comment an ED of the IFRS Taxonomy 2011.  The proposed taxonomy is consistent with IFRSs, including IASs and the IFRS for SMEs.  The IFRS Taxonomy 2011 is a translation of IFRSs as issued at 1 January 2011 into XBRL (eXtensible Business Reporting Language).

The ED is open for comment until 18 March 2011.

The ED is available on the IFRS Foundation website.