Posted on Wednesday, October 17, 2018

IFRS Foundation Proposes Updates to IFRS Taxonomy 2018, Requests Comment During a Public Review. The Proposed Update includes common reporting practice for disclosure requirements in IFRS 13, such as: 1) sensitivity of fair value measurement to changes in unobservable inputs; and 2) quantitative information about significant unobservable inputs used in fair value measurement. The public comment period will end on November 19, 2018.

Read the announcement: https://www.sec.gov/structureddata/announcement/osd-announcement-101818-ifrs-foundation-publishes-proposed-update