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Current Standards and Interpretations

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List of Standards and Interpretations

As of April 2012.

The following IFRS statements are currently issued:

  • IFRS 1 First time Adoption of International Financial Reporting Standards
  • IFRS 2 Share-based Payment
  • IFRS 3 Business Combinations
  • IFRS 4 Insurance Contracts
  • IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
  • IFRS 6 Exploration for and Evaluation of Mineral Resources
  • IFRS 7 Financial Instruments: Disclosures
  • IFRS 8 Operating Segments
  • IFRS 9 Financial Instruments
  • IFRS 10 Consolidated Financial Statements
  • IFRS 11 Joint Arrangements
  • IFRS 12 Disclosure of Interests in Other Entities
  • IFRS 13 Fair Value Measurement
  • IAS 1: Presentation of Financial Statements.
  • IAS 2: Inventories
  • IAS 3: Consolidated Financial Statements Originally issued 1976, effective 1 Jan 1977. Superseded in 1989 by IAS 27 and IAS 28
  • IAS 4: Depreciation Accounting Withdrawn in 1999, replaced by IAS 16, 22, and 38, all of which were issued or revised in 1998
  • IAS 5: Information to Be Disclosed in Financial Statements Originally issued October 1976, effective 1 January 1997. Superseded by IAS 1 in 1997
  • IAS 6: Accounting Responses to Changing PricesSuperseded by IAS 15, which was withdrawn December 2003
  • IAS 7: Cash Flow Statements
  • IAS 8: Accounting Policies, Changes in Accounting Estimates and Errors
  • IAS 9: Accounting for Research and Development Activities – Superseded by IAS 38 effective 1.7.99
  • IAS 10: Events After the Balance Sheet Date
  • IAS 11: Construction Contracts [Cf. Constrction in progress for the customer standpoint]
  • IAS 12: Income Taxes
  • IAS 13: Presentation of Current Assets and Current Liabilities – Superseded by IAS 1.
  • IAS 14: Segment Reporting (superseded by IFRS 8 on 1 January 2008)
  • IAS 15: Information Reflecting the Effects of Changing Prices – Withdrawn December 2003
  • IAS 16: Property, Plant and Equipment
  • IAS 17: Leases
  • IAS 18: Revenue
  • IAS 19: Employee Benefits
  • IAS 20: Accounting for Government Grants and Disclosure of Government Assistance
  • IAS 21: The Effects of Changes in Foreign Exchange Rates
  • IAS 22:Business Combinations – Superseded by IFRS 3 effective 31 March 2004
  • IAS 23: Borrowing Costs
  • IAS 24: Related Party Disclosures
  • IAS 25: Accounting for Investments – Superseded by IAS 39 and IAS 40 effective 2001
  • IAS 26: Accounting and Reporting by Retirement Benefit Plans
  • IAS 27: Consolidated Financial Statements
  • IAS 28: Investments in Associates
  • IAS 29: Financial Reporting in Hyperinflationary Economies
  • IAS 30: Disclosures in the Financial Statements of Banks and Similar Financial Institutions – Superseded by IFRS 7 effective 2007
  • IAS 31: Interests in Joint Ventures
  • IAS 32: Financial Instruments: Presentation (Financial instruments disclosures are in IFRS 7 Financial Instruments: Disclosures, and no longer in IAS 32)
  • IAS 33: Earnings Per Share
  • IAS 34: Interim Financial Reporting
  • IAS 35: Discontinuing Operations – Superseded by IFRS 5 effective 2005
  • IAS 36: Impairment of Assets
  • IAS 37: Provisions, Contingent Liabilities and Contingent Assets
  • IAS 38: Intangible Assets
  • IAS 39: Financial Instruments: Recognition and Measurement
  • IAS 40: Investment Property
  • IAS 41: Agriculture

List of Interpretations

  • Preface to International Financial Reporting Interpretations (Updated to January 2006
  • IFRIC 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities (Updated to January 2006)
  • IFRIC 7 Approach under IAS 29 Financial Reporting in Hyperinflationary Economies (Issued February 2006)
  • IFRIC 8 Scope of IFRS 2 (Issued February 2006)—has been eliminated with Amendments issued to IFRS 2
  • IFRIC 9 Reassessment of Embedded Derivatives (Issued April 2006)
  • IFRIC 10 Interim Financial Reporting and Impairment (Issued November 2006)
  • IFRIC 11 IFRS 2-Group and Treasury Share Transactions (Issued November 2006)—has been eliminated with Amendments issued to IFRS 2
  • IFRIC 12 Service Concession Arrangements (Issued November 2006)
  • IFRIC 13 Customer Loyalty Programmes (Issued in June 2007)
  • IFRIC 14 IAS 19 – The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction (issued in July 2007)
  • IFRIC 15 Agreements for the Construction of Real Estate (issued in July 2008)
  • IFRIC 16 Hedges of a Net Investment in a Foreign Operation (issued in July 2008)
  • IFRIC 17 Distributions of Non-cash Assets (issued in November 2008)
  • IFRIC 18 Transfers of Assets from Customers (issued in January 2009)
  • SIC 7 Introduction of the Euro (Updated to January 2006)
  • SIC 10 Government Assistance-No Specific Relation to Operating Activities (Updated to January 2006)
  • SIC 12 Consolidation-Special Purpose Entities (Updated to January 2006)
  • SIC 13 Jointly Controlled Entities-Non-Monetary Contributions by Venturers (Updated to January 2006)
  • SIC 15 Operating Leases-Incentives (Updated to January 2006)
  • SIC 21 Income Taxes-Recovery of Revalued Non-Depreciable Assets (Updated to January 2006)
  • SIC 25 Income Taxes-Changes in the Tax Status of an Entity or its Shareholders (Updated to January 2006)
  • SIC 27 Evaluating the Substance of Transactions Involving the Legal Form of a Lease (Updated to January 2006)
  • SIC 29 Disclosure-Service Concession Arrangements (Updated to January 2006)
  • SIC 31 Revenue-Barter Transactions Involving Advertising Services (Updated to January 2006)
  • SIC 32 Intangible Assets-Web Site Costs (Updated to January 2006)
  • SIC 33 Consolidation and equity method - Potential voting rights and allocation of ownership interests