The latest version of the IASB’s Due Process Handbook includes some important changes regarding procres for the development and maintenance of the IFRS Taxonomy.These are significant ernance developments and reflect the growing importance of structured data disclosure in financial reporting worldwide.

The Board itself will now have the responsibility to review and approve re IFRS Taxonomy ntent where it reflects new or amended IFRS Standards.

The IASB is also establishing an IFRS Taxonomy Review Panel mprised of a subset of the Board together with senior IFRS staff to examine and approve mmon practice ntent.

Drafting and approval of proposed IFRS Taxonomy updates will take place at the same time as related IFRS Standards are finalised.And the existing ITCG‘s role is to be formalised.

To aess the Due Process Handbook and a Feedback Statement which summarises the IFRS Taxonomy nsultation process,please click here.

中文新闻：IASB强化IFRS核心分类标准审批工作