Publication of the IFRS Accounting Taxonomy 2023
On 23 March the IFRS Foundation published the IFRS Accounting Taxonomy 2023. It reflects the standards as published at 1 January 2023, including those that have not yet come into effect.
Keywords: Mazars, Thailand, IFRS, Accounting, Taxonomy
16 May 2023
Since 2022 the taxonomy has been modified to include:
- the amendments to IFRS 16 – Leases published by the IASB in September 2022, relating to lease liabilities in a sale and leaseback transaction;
- the amendments to IAS 1 – Presentation of Financial Statements published by the IASB in October 2022, concerning the classification of debts subject to covenants.
The IFRS Accounting Taxonomy 2023 also includes changes to reflect the current disclosure practices of entities applying IFRS, and general improvements to the taxonomy.
The IFRS Accounting Taxonomy 2023 is available here.
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