The IFRS Foundation has published today for public ment an Exposure Draft on the IFRS Taxonomy 2013.  The proposed Taxonomy is a translation of Standards and Interpretations as issued at 1 January 2013 into XBRL (eXtensible Business Reporting Language).

The 2013 Taxonomy nsolidates all IFRS Taxonomy interim releases that were published in 2012.Standards issued by the International Acunting Standards Board (IASB) from 1 January 2013 onwards will be published as interim releases to the Taxonomy.

In addition, the proposed IFRS Taxonomy 2013 includes ncepts that reflect some industry practices.  These ncepts have been derived from an analysis of financial statements prepared by panies’ representatives from the banking, insurance and extractive (mining and energy) industries.

The IFRS Foundation will host a webinar on 4 February 2013 to provide details and answer questions related to this publication.

The Exposure Draft can be aessed via the project page or on the ment on a proposalpage. The Exposure Draft is open for ment until 18 March 2013.