🌐IFRS Accounting Taxonomy Now Speaks Your Language
The IFRS Accounting Taxonomy just went multilingual, now available in Japanese, Korean, and Ukrainian. This update aims to make international financial reporting more accessible and user-friendly.
Key Points
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- 🌍 Global Reach: IFRS Taxonomy 2024 files now in Japanese and Ukrainian
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- 🇰🇷 Korean Included: IFRS Taxonomy 2023 files now also in Korean
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- 🖥️ User-Friendly: Simplified ITI format requires no XBRL knowledge
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- 🔄 Versioning Info: Detailed changes between 2024 and previous years available
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- 🔗 Easy Access: Translation files and ITI available on the IFRS website
🌐 What's New
The IFRS Accounting Taxonomy has expanded its language offerings, with the 2024 files now available in Japanese and Ukrainian. If you're dealing with the 2023 files, good news—they're now also in Korean. This is part of an ongoing effort to make international financial reporting standards more accessible and understandable across different languages.
📚 Simplified and Visual
The IFRS Taxonomy Illustrated (ITI) presents a simplified view of the taxonomy in an easy-to-read visual format. You don't need to be an XBRL expert to navigate it. The ITI links directly to the electronic IFRS Accounting Standards, although you'll need an IFRS Digital subscription to access those.
🔄 Keeping Up with Changes
The translated version of the IFRS Accounting Taxonomy versioning information is also available. This versioning info shows the changes between the 2024 taxonomy and previous years. These changes are annotated and formatted to make them easy to spot in the IFRS Taxonomy Illustrated.
🖥️ Access Made Easy
To view the IFRS Accounting Taxonomy translation files, IFRS Taxonomy Illustrated, and the versioning information, you can visit the IFRS website. Everything you need to stay up-to-date on international financial reporting standards is just a few clicks away.