IFRSstandardeid

IFRSstandardeid is a proposed, non-official identifier scheme designed to provide a unique code for each International Financial Reporting Standards (IFRS) standard and its amendments. It is not an official IFRS designation, but a concept discussed in data-management, compliance, and software integration contexts to improve cross-referencing across documents, databases, and reporting systems.

Typically, an IFRSstandardeid would be structured to include a prefix, the standard number, the year of issue or amendment, and an optional revision tag. For example, IFRSstandardeid: IFRS-15-2014 or IFRS-12-2020-R1. The goal is to enable unambiguous referencing when several versions of a standard exist or when multiple jurisdictions apply amendments.

Benefits include consistent cross-reference across filings and software, simplified version control, and easier integration with enterprise resource planning and financial analytics tools. In practice, implementation would require alignment with the IFRS Foundation's governance and periodic updates to reflect new or withdrawn standards.

IFRSstandardeid would not replace the official IFRS texts. The authoritative source would remain the IFRS Foundation publications, with the identifier acting as a metadata layer for internal use, bibliographic databases, and technical systems. Limitations include handling of superseded or merged standards, translations, and potential discrepancies across jurisdictions. Adoption would depend on consensus among standard-setters, regulators, and software providers.

See also: International Financial Reporting Standards, IFRS Foundation, IASB, IFRS taxonomy.