Consultation on Taxonomies – FRS 101, FRS 102 & EU IFRS

*Business Reporting Ireland Ltd  (XBRL Ireland) is inviting feedback in relation to the FRS 101, FRS102 and EU IFRS taxonomies for a limited period following the initial release. The status of this release is a Public Working Draft (PWD). The expiry date for the consultation period is 28th February 2017.         

It is intended to provide interested parties (in particular reporting entities and solution providers) early information on modelling applied to resemble the financial reporting requirements for the Republic of Ireland under FRS101, FSR102 and International Financial Reporting Standards (IFRS) and the technical reflection of same in the XBRL format.

This PWD covers all information requirements and no modifications are expected for the final release apart from the fixes of issues discovered during the consultation period.

(*Business Reporting Ireland Ltd was formed to promote the adoption of the extensible business reporting language known as XBRL within Ireland by creating an XBRL jurisdiction to support and encourage the development and maintenance of taxonomies and to encourage the adoption of XBRL.

 XBRL Ireland is the entity recognised by XBRL International as the official representatives from their country to the international consortium for XBRL.)

Feedback on the PWD should be in writing or email to XBRL Ireland at the contact details below:

XBRL Ireland
Chartered Accountants House
45-47 Pearse Street
Dublin 2
Tel: +353 (1) 6377200

Further information can be found on the XBRL Ireland website.

December 2016

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