The IFRS Taxonomy 2018 reflects the presentation and disclosure requirements of the IFRS Standards as issued by the International Accounting Standards Board (Board) at 1 January 2018, the IFRS for SMEs Standard as issued by the Board in December 2015 and Practice Statement 1 Management Commentary as issued by the Board in December 2010.
The IFRS Taxonomy also includes elements that reflect common reporting practice by entities that apply IFRS Standards (common practice).
The IFRS Taxonomy 2018 includes amendments made to the IFRS Taxonomy 2017 such as: Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4) issued by the Board in September 2016, IFRS 17 Insurance Contracts issued by the Board in May 2017 and Prepayment Features with Negative Compensation (Amendments to IFRS 9) issued by the Board in October 2017.
In addition, it includes annual improvements to the IFRS Taxonomy such as an enhanced data model for reporting relating to continuing and discontinued operations, changes to better reflect disclosures in IAS 19 Employee Benefits and disclosures in IFRS 7 Financial Instruments: Disclosures.
The IFRS Taxonomy 2018 was published on 16 March 2018.
Below you will find all information relevant to the annual IFRS Taxonomy. Additional resources, such as The IFRS Taxonomy architecture, can be accessed here.
| Name and description of entry point | Entry point without documentation labels | Entry point with documentation labels |
|---|---|---|
| Basic Entry Point—to view IFRS Taxonomy for full IFRS Standards reporting applying without generic links | Click here | Click here |
| Combined Entry Point—to view IFRS Taxonomy for full IFRS Standards, the IFRS for SMEs Standard and the IFRS Practice Statement Management Commentary reporting | Click here | Click here |
| Deprecated Entry Point—to view deprecated IFRS Taxonomy elements for IFRS Standards reporting | Click here | Click here |
| Full IFRS Standards Entry Point—to view IFRS Taxonomy for full IFRS Standards reporting | Click here | Click here |
| Full IFRS Standards and Management Commentary Entry Point—to view IFRS Taxonomy for full IFRS Standards reporting with Management Commentary | Click here | Click here |
| IFRS for SMEs Entry Point—to view IFRS Taxonomy for IFRS for SMEs Standard reporting | Click here | Click here |
| Management Commentary Entry Point—to view IFRS Taxonomy for Management Commentary reporting | Click here | Click here |
| Name | In HTML | In XML |
|---|---|---|
| Documentation detailing the changes between the full IFRS Taxonomy Update IFRS 17 Insurance Contracts and the full IFRS Taxonomy 2018 | Click here | Click here |
| Documentation detailing the changes between the full IFRS Taxonomy 2017 and the full IFRS Taxonomy 2018 | Click here | Click here |
| Documentation detailing the changes between the IFRS Taxonomy for SMEs Standard 2017 and the IFRS Taxonomy for SMEs Standard 2018 | Click here | Click here |
On 12 July 2018, the IFRS Foundation gave a live web presentation to introduce the IFRS Taxonomy 2018, which was published on 16 March 2018.
| Published date | Document title |
|---|---|
| July 2018 | Webinar: Introducing the IFRS Taxonomy 2018 |
| July 2018 | Webinar: Introducing the IFRS Taxonomy 2018—Slide deck |
