IFRS taxonomy

The provided International Financial Reporting Standards (IFRS) taxonomy combines:

• IFRS Balance with taxonomy accounts of type asset and liability
• IFRS Profit and Loss with taxonomy accounts of type income and expense
• IFRS Finance KPIs with taxonomy accounts of type miscellaneous. These are calculations that use the taxonomy accounts from the Balance and Profit and Loss. For formulas, see List of Finance KPIs. Formulas are implemented as expressions in Visualizer in Birst.

IFRS taxonomies are provided for these expense methods:

• CSM: Cost of Sales Management
• TCA: Total Cost Accounting

Each IFRS taxonomy comes with an IFRS cash flow taxonomy.

The cash flow taxonomy reuses taxonomy accounts of the IFRS taxonomy but in a different parent-child structure. Separate IFRS cashflow taxonomies are needed because a taxonomy account can only have one parent taxonomy account (exist only in one structure).

A mapping specified for a (sublevel 0) taxonomy account in the HGB taxonomy that also exists in the IFRS cash flow taxonomy, must be respecified and kept the same.