XBRL Taxonomy

IFRS Releases Updated Business Rules

Updated Business Rules released

An important part of high quality structured data is the application of business rules that uncover simple mistakes and business logic errors.

XBRL International urges all regulators to use machine executable business rules in order to significantly enhance data quality.

To help environments that report based on the IFRS accounting standards, the IFRS Taxonomy Formula Linkbase 2017 has been developed by the IFRS Taxonomy Team and is now available for download. The new 2017 formulas are designed to accompany the IFRS Taxonomy 2017. Read more…

IFRS Releases Updated Business Rules
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