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This page contains links to our summaries, analysis, history and resources for:

o International Financial Reporting Standards

o International Accounting Standards
o IFRIC Interpretations
o SIC-Interpretations
o Other pronouncements

International Financial Reporting Standards

# Name Issued

First-time Adoption of International Financial Reporting

IFRS 1 Standards 2008*

IFRS 2 Share-based Payment 2004

IFRS 3 Business Combinations 2008*

Insurance Contracts
IFRS 4 Will be superseded by IFRS 17 as of 1 January 2021 2004

IFRS 5 Non-current Assets Held for Sale and Discontinued Operations 2004

IFRS 6 Exploration for and Evaluation of Mineral Assets 2004

IFRS 7 Financial Instruments: Disclosures 2005

IFRS 8 Operating Segments 2006

IFRS 9 Financial Instruments 2014*

IFRS 10 Consolidated Financial Statements 2011

IFRS 11 Joint Arrangements 2011

IFRS 12 Disclosure of Interests in Other Entities 2011

IFRS 13 Fair Value Measurement 2011

IFRS 14 Regulatory Deferral Accounts 2014

IFRS 15 Revenue from Contracts with Customers 2014

IFRS 16 Leases 2016

IFRS 17 Insurance Contracts 2017

International Accounting Standards

# Name Issued

IAS 1 Presentation of Financial Statements 2007*

IAS 2 Inventories 2005*

Consolidated Financial Statements

IAS 3 Superseded in 1989 by IAS 27 and IAS 28 1976

Depreciation Accounting
IAS 4 Withdrawn in 1999

Information to Be Disclosed in Financial Statements

IAS 5 Superseded by IAS 1 effective 1 July 1998 1976

Accounting Responses to Changing Prices

IAS 6 Superseded by IAS 15, which was withdrawn December 2003

IAS 7 Statement of Cash Flows 1992

IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors 2003

Accounting for Research and Development Activities

IAS 9 Superseded by IAS 38 effective 1 July 1999

IAS 10 Events After the Reporting Period 2003

Construction Contracts
IAS 11 Will be superseded by IFRS 15 as of 1 January 2018 1993

IAS 12 Income Taxes 1996*

Presentation of Current Assets and Current Liabilities

IAS 13 Superseded by IAS 1 effective 1 July 1998
 Segment Reporting
IAS 14 Superseded by IFRS 8 effective 1 January 2009 1997

Information Reflecting the Effects of Changing Prices

IAS 15 Withdrawn December 2003 2003

IAS 16 Property, Plant and Equipment 2003*

Leases
IAS 17 Will be superseded by IFRS 16 as of 1 January 2019 2003*

Revenue
IAS 18 Will be superseded by IFRS 15 as of 1 January 2018 1993*

Employee Benefits (1998)

IAS 19 Superseded by IAS 19 (2011) effective 1 January 2013 1998

IAS 19 Employee Benefits (2011) 2011*

Accounting for Government Grants and Disclosure of Government

IAS 20 Assistance 1983

IAS 21 The Effects of Changes in Foreign Exchange Rates 2003*

Business Combinations
IAS 22 Superseded by IFRS 3 effective 31 March 2004 1998*

IAS 23 Borrowing Costs 2007*

IAS 24 Related Party Disclosures 2009*

Accounting for Investments

IAS 25 Superseded by IAS 39 and IAS 40 effective 2001

IAS 26 Accounting and Reporting by Retirement Benefit Plans 1987

IAS 27 Separate Financial Statements (2011) 2011

Consolidated and Separate Financial Statements

IAS 27 Superseded by IFRS 10, IFRS 12 and IAS 27 (2011) effective 1 January 2013 2003

IAS 28 Investments in Associates and Joint Ventures (2011) 2011

Investments in Associates
IAS 28 Superseded by IAS 28 (2011) and IFRS 12 effective 1 January 2013 2003

IAS 29 Financial Reporting in Hyperinflationary Economies 1989

Disclosures in the Financial Statements of Banks and Similar

Financial Institutions
IAS 30 Superseded by IFRS 7 effective 1 January 2007 1990
 Interests In Joint Ventures
IAS 31 Superseded by IFRS 11 and IFRS 12 effective 1 January 2013 2003*

IAS 32 Financial Instruments: Presentation 2003*

IAS 33 Earnings Per Share 2003*

IAS 34 Interim Financial Reporting 1998

Discontinuing Operations
IAS 35 Superseded by IFRS 5 effective 1 January 2005 1998

IAS 36 Impairment of Assets 2004*

IAS 37 Provisions, Contingent Liabilities and Contingent Assets 1998

IAS 38 Intangible Assets 2004*

Financial Instruments: Recognition and Measurement

Superseded by IFRS 9 effective 1 January 2018 where IFRS 9 is applied
IAS 39 2003*

IAS 40 Investment Property 2003*

IAS 41 Agriculture 2001

IFRIC Interpretations

# Name Issued

Changes in Existing Decommissioning, Restoration and Similar

IFRIC 1 Liabilities 2004

IFRIC 2 Members' Shares in Co-operative Entities and Similar Instruments 2004

Emission Rights
IFRIC 3 Withdrawn June 2005 2004

Determining Whether an Arrangement Contains a Lease

IFRIC 4 Will be superseded by IFRS 16 as of 1 January 2019 2004

Rights to Interests arising from Decommissioning, Restoration

IFRIC 5 and Environmental Rehabilitation Funds 2004

Liabilities Arising from Participating in a Specific Market - Waste

IFRIC 6 Electrical and Electronic Equipment 2005

IFRIC 7 Applying the Restatement Approach under IAS 29 Financial 2005

 Reporting in Hyperinflationary Economies

Scope of IFRS 2
IFRIC 8 Withdrawn effective 1 January 2010 2006

IFRIC 9 Reassessment of Embedded Derivatives 2006

IFRIC
10 Interim Financial Reporting and Impairment 2006

IFRIC IFRS 2: Group and Treasury Share Transactions

11 Withdrawn effective 1 January 2010 2006

IFRIC
12 Service Concession Arrangements 2006

IFRIC Customer Loyalty Programmes

13 Will be superseded by IFRS 15 as of 1 January 2018 2007

IFRIC IAS 19 – The Limit on a Defined Benefit Asset, Minimum Funding

14 Requirements and their Interaction 2007

IFRIC Agreements for the Construction of Real Estate

15 Will be superseded by IFRS 15 as of 1 January 2018 2008

IFRIC
16 Hedges of a Net Investment in a Foreign Operation 2008

IFRIC
17 Distributions of Non-cash Assets to Owners 2008

IFRIC Transfers of Assets from Customers

18 Will be superseded by IFRS 15 as of 1 January 2018 2009

IFRIC
19 Extinguishing Financial Liabilities with Equity Instruments 2009

IFRIC
20 Stripping Costs in the Production Phase of a Surface Mine 2011

IFRIC
21 Levies 2013

IFRIC
22 Foreign Currency Transactions and Advance Consideration 2016

IFRIC
23 Uncertainty over Income Tax Treatments 2017
SIC Interpretations

# Name Issued

SIC- Consistency – Different Cost Formulas for Inventories

1 Superseded 1997

SIC- Consistency – Capitalisation of Borrowing Costs

2 Superseded 1997

Elimination of Unrealised Profits and Losses on Transactions with

SIC- Associates
3 Superseded 1997

Classification of Financial Instruments - Contingent Settlement Pro-

SIC- visions
5 Superseded 1998

SIC- Costs of Modifying Existing Software

6 Superseded 1998

SIC-
7 Introduction of the Euro 1998

SIC- First-Time Application of IASs as the Primary Basis of Accounting

8 Superseded 1998

Business Combinations – Classification either as Acquisitions or

SIC- Unitings of Interests
9 Superseded 1998

SIC- Government Assistance – No Specific Relation to Operating Activi-

10 ties 1998

Foreign Exchange – Capitalisation of Losses Resulting from Severe

SIC- Currency Devaluations
11 Superseded 1998

SIC- Consolidation – Special Purpose Entities

12 Superseded by IFRS 10 and IFRS 12 effective 1 January 2013 1998

Jointly Controlled Entities – Non-Monetary Contributions by

Venturers
SIC- Superseded by IFRS 11 and IFRS 12, effective for annual periods beginning on or after 1
13 January 2013 1998

Property, Plant and Equipment – Compensation for the Impairment

SIC- or Loss of Items
14 Superseded 1998
SIC- Operating Leases – Incentives
15 Will be superseded by IFRS 16 as of 1 January 2019 1999

Share Capital – Reacquired Own Equity Instruments (Treasury

SIC- Shares)
16 Superseded 1999

SIC- Equity – Costs of an Equity Transaction

17 Superseded 2000

SIC- Consistency – Alternative Methods

18 Superseded 2000

Reporting Currency – Measurement and Presentation of Financial

SIC- Statements under IAS 21 and IAS 29
19 Superseded 2000

SIC- Equity Accounting Method – Recognition of Losses

20 Superseded 2000

Income Taxes – Recovery of Revalued Non-Depreciable Assets

Superseded by, and incorporated into, IAS 12 by amendments made by Deferred Tax:
SIC- Recovery of Underlying Assets, effective for annual periods beginning on or after 1
21 January 2012 2000

Business Combinations – Subsequent Adjustment of Fair Values and

SIC- Goodwill Initially Reported
22 Superseded 2000

Property, Plant and Equipment – Major Inspection or Overhaul

SIC- Costs
23 Superseded 2000

Earnings Per Share – Financial Instruments and Other Contracts

SIC- that May Be Settled in Shares
24 Superseded 2000

SIC- Income Taxes – Changes in the Tax Status of an Enterprise or its

25 Shareholders 2000

Evaluating the Substance of Transactions in the Legal Form of a

SIC- Lease
27 Will be superseded by IFRS 16 as of 1 January 2019 2000

Business Combinations – 'Date of Exchange' and Fair Value of

SIC- Equity Instruments
28 Superseded 2001

SIC-
29 Disclosure – Service Concession Arrangements 2001
 Reporting Currency – Translation from Measurement Currency to
SIC- Presentation Currency
30 Superseded 2001

SIC- Revenue – Barter Transactions Involving Advertising Services

31 Will be superseded by IFRS 15 as of 1 January 2018 2001

SIC-
32 Intangible Assets – Web Site Costs 2001

Consolidation and Equity Method – Potential Voting Rights and Al-

SIC- location of Ownership Interests
33 Superseded 2001