iXBRL: release of three new taxonomies
Following changes to accounting frameworks in Ireland which include the introduction of IFRS 9 Financial Instruments, IFRS 15 Revenue and IFRS 16 Leases, Revenue have developed three new taxonomies. Since 17 June 2019, Revenue will accept iXBRL submissions tagged using the FRS 101 Irish Extension, the FRS 102 Irish Extension and the EU IFRS Irish Extension. The older taxonomies will still be accepted by Revenue.
Revenue guidance has been updated and the structure of the taxonomies can be viewed on Taxonomy Viewer. Read Revenue’s eBrief 122/19.