News June 2018 FRC consults on proposed amendments to the FRC Taxonomies

FRC consults on proposed amendments to the FRC Taxonomies

26 June 2018

The FRC has today issued a consultation on proposed amendments to the FRC Taxonomies to support the objectives of enhancing the quality and accessibility of financial reporting in the UK and to enable digital reporting of IFRS and UK GAAP standards. 

The consultation on the amendments closes on 28 August 2018. Comments may be provided in two ways:

  1. Directly through the ‘Yeti’ viewer in which the taxonomies are displayed on the internet. This enables specific comments to be made on individual data items in the taxonomies. It is best suited to detailed feedback. A guide on how to use the Yeti viewer and make comments can be found on the consultation page.

  2. By comment letter to the FRC. Such letters may be sent by post to FRC, 8th Floor, 125 London Wall, London EC2Y 5AS; or email to j.guest@frc.org.uk

Consultation: Proposed Amendments to the FRC Taxonomies

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