diff --git a/CHANGES.md b/CHANGES.md
index 235654e..43c9ad9 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,13 @@
 # Changelog #
 
+## v1.2.0 (2017-07-15) ##
+
+ * Increase minimum required PHP version to 5.6
+ * Improve the bundled autoloader
+ * Update tests to work with PHPUnit 6
+ * Update to latest coding standards
+ * Update the travis build to test for PHP7.1
+
 ## v1.1.1 (2015-08-22) ##
 
   * Address minor documentation and coding standards issues
diff --git a/README.md b/README.md
index 8db20d6..75e997d 100644
--- a/README.md
+++ b/README.md
@@ -23,48 +23,57 @@ at: http://kit.riimu.net/api/baseconversion/
 
 ## Requirements ##
 
-In order to use this library, the following requirements must be met:
-
-  * PHP version 5.6
-  * GMP extension must be enabled
+  * The minimum supported PHP version is 5.6
+  * The library depends on the following PHP Extensions
+    * [`gmp`](http://php.net/manual/en/book.gmp.php) (only required IDN support)
 
 ## Installation ##
 
-This library can be installed by using [Composer](http://getcomposer.org/). In
-order to do this, you must download the latest Composer version and run the
-`require` command to add this library as a dependency to your project. The
-easiest way to complete these two tasks is to run the following two commands
-in your terminal:
+### Installation with Composer ###
 
-```
-php -r "readfile('https://getcomposer.org/installer');" | php
-php composer.phar require "riimu/kit-baseconversion:1.*"
-```
+The easiest way to install this library is to use Composer to handle your
+dependencies. In order to install this library via Composer, simply follow
+these two steps:
+
+  1. Acquire the `composer.phar` by running the Composer
+     [Command-line installation](https://getcomposer.org/download/)
+     in your project root.
+
+  2. Once you have run the installation script, you should have the `composer.phar`
+     file in you project root and you can run the following command:
+
+     ```
+     php composer.phar require "riimu/kit-baseconversion:^1.2"
+     ```
+
+After installing this library via Composer, you can load the library by
+including the `vendor/autoload.php` file that was generated by Composer during
+the installation.
 
-If you already have Composer installed on your system and you know how to use
-it, you can also install this library by adding it as a dependency to your
-`composer.json` file and running the `composer install` command. Here is an
-example of what your `composer.json` file could look like:
+### Adding the library as a dependency ###
+
+If you are already familiar with how to use Composer, you may alternatively add
+the library as a dependency by adding the following `composer.json` file to your
+project and running the `composer install` command:
 
 ```json
 {
     "require": {
-        "riimu/kit-baseconversion": "1.*"
+        "riimu/kit-baseconversion": "^1.2"
     }
 }
 ```
 
-After installing this library via Composer, you can load the library by
-including the `vendor/autoload.php` file that was generated by Composer during
-the installation.
-
 ### Manual installation ###
 
-You can also install this library manually without using Composer. In order to
-do this, you must download the [latest release](https://github.com/Riimu/Kit-BaseConversion/releases/latest)
-and extract the `src` folder from the archive to your project folder. To load
-the library, you can simply include the `src/autoload.php` file that was
-provided in the archive.
+If you do not wish to use Composer to load the library, you may also download
+the library manually by downloading the [latest release](https://github.com/Riimu/Kit-BaseConversion/releases/latest)
+and extracting the `src` folder to your project. You may then include the
+provided `src/autoload.php` file to load the library classes.
+
+Please note that using Composer will also automatically download the other
+required PHP libraries. If you install this library manually, you will also need
+to make those other required libraries available.
 
 ## Usage ##