Five Major Changes in the New IFRS Taxonomy

London Business Training & Consulting (lbtc)15 Sep, 2022Education

The International Accounting Standards Board (IASB) has finalized the new IFRS Taxonomy published in December 2018. Here are five key changes that come with the new taxonomy. If you need help with this, please consider taking an IFRS course at LBTC. Familiarize yourself with new reforms and help you adapt to change.