SEC Publishes IFRS Taxonomy, Allowing FPIs to Begin Submitting Financial Statements in XBRL | Practical Law
The SEC published an IFRS Taxonomy on its website, which will allow foreign private issuers (FPIs) that prepare their financial statements in accordance with International Financial Reporting Standards (IFRS) to begin submitting those reports using eXtensible Business Reporting Language (XBRL).