2024 UK and Irish digital reporting taxonomies
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The Financial Reporting Council published the 2024 version of the taxonomies on 3 November 2023. This update includes the 2024 versions of the FRC Taxonomy Suite and the Charities Taxonomy.
Users must also refer to the FRC Taxonomies Documentation and Guidance resources.
Download the 2024 UK and Irish digital reporting taxonomies
| Name | 2024 FRC Taxonomy Suite v1.0.0 |
|---|---|
| Publication date | 3 November 2023 |
| Format | ZIP, 4.7 MB |
| Name | Charities Taxonomy 2024 |
| Publication date | 3 November 2023 |
| Format | ZIP, 1.3 MB |
2024 Presentation Sheets
The Presentation Sheets are designed to enable software houses to easily identify the changes. Four colours are used with red denoting a deletion, green an addition, yellow a change to an existing line, and orange to indicate deprecated items. Two new columns have been added to the start of each sheet to provide more information in relation to the change. The first column ‘Description of Change’ provides a brief but informative description of the nature of the changes. The second column ‘Ancestry Change’ indicates that a concept has moved within the current hierarchy.
| Name | Presentation sheet: UK FRS 101 2024 |
|---|---|
| Publication date | 3 November 2023 |
| Format | XLSX, 990.6 KB |
| Name | Presentation sheet: UK FRS 102 2024 |
| Publication date | 3 November 2023 |
| Format | XLSX, 951.1 KB |
| Name | Presentation sheet: UK IFRS 2024 |
| Publication date | 3 November 2023 |
| Format | XLSX, 980.8 KB |
| Name | Presentation sheet: Charities 2024 |
| Publication date | 3 November 2023 |
| Format | XLSX, 1.1 MB |
Key changes to the 2024 Taxonomies
Tags have been updated and added to enable UKEB endorsed 2021 Narrow-scope amendments and Lease Liability in a Sale and Leaseback (Amendment to IFRS 16), and International Tax Reform—Pillar Two Model Rules (Proposed amendments to IAS 12)/Amendments to FRS 102.
- SECR tags units have been updated to use ghgEmissionsItemType.
- The Original and Revised Data dimension labels have been updated, and guidance tags created, to clarify the meaning of these terms in the taxonomy.
- Recommendations on high quality disclosures of Expected Credit Losses have been digitised. Some pre-existing tags have been updated, and new tags have been created to enable preparers to tag with the granularity described in the recommendations.
- The Charities extension has been updated.
- The Irish extension has not been updated; there will not be a new Irish extension for 2024.