IFRS Accounting Taxonomy 2025 Released

The IFRS Foundation has officially published the 2025 IFRS Accounting Taxonomy, a key update aimed at enhancing digital financial reporting and improving accessibility for investors and stakeholders.

Key Highlights:

• Updated Standards: The taxonomy reflects IFRS Standards as of January 1, 2025, ensuring alignment with the latest regulatory requirements.
• New Additions: Incorporates updates from IFRS 18, IFRS 19, and other recently issued standards, streamlining financial reporting.
• Enhanced Data Accessibility: Designed to improve the usability and comparability of financial statements, facilitating better decision-making for investors.

The release underscores the IFRS Foundation’s commitment to advancing digital reporting and fostering transparency in global financial markets.

To find out more details please visit : https://www.ifrs.org/