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IFRS XBRL 2012 Taxonomy

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The IFRS Foundation has published an exposure draft of the IFRS Taxonomy 2012. The proposed taxonomy is consistent with IFRSs, including IASs and the IFRS for SMEs. The IFRS Taxonomy 2012 is a translation of IFRSs as issued at 1 January 2012 into XBRL (eXtensible Business Reporting Language). The proposed taxonomy is open for comment until 17 March 2012.

For further information see the IASB website