36) Technical - Take me to a quick visit to IFRS and IAS.

Sunday, September 6, 2009


  • Disclosure standards :
    IFRS 1- First time adoption of IFRS
    IFRS 4- Insurance contracts
    IFRS 8- Operating segments
    IAS 7- Cash flow statements
    IAS 14- Segment reporting
    IAS 24- Related party disclosures
    IAS 30- Disclosures in the statements of banks and similar financial institutions
    IAS 33- Earnings per share
    IAS 34- Interim financial reporting
  • Presentation and profit :
    IAS 1- Presentation of financial statements
    IAS 8- Accounting policies, changes in accounting estimates and errors
    IAS 18- Revenue
  • Asset recognition and measurement :
    IAS 2- Inventories
    IFRS 5- Non-current assets held for sale and discontinued operations
    IFRS 6- Exploration for and evaluation of mineral resources
    IFRS 7- Disclosure
    IAS 11- Construction contracts
    IAS 16- Property, plant and equipment
    IAS 17- Leases
    IAS 20- Accounting for government grants and disclosure of government assistance
    IAS 23- Borrowing costs
    IAS 32- Financial instruments - presentation
    IAS 36- Impairment of assets
    IAS 38- Intangible assets
    IAS 39- Financial instruments - recognition and measurement
    IAS 40- Investment Property
    IAS 41- Agriculture
  • Accounting for liabilities :
    IFRS 2- Share-based payment
    IAS 10- Events after the balance sheet date
    IAS 12- Income taxes
    IAS 19- Employee benefits
    IAS 37- Provisions, contingent liabilities and contingent assets
  • Group accounting :
    IAS 21- The effects of changes in foreign exchange rates
    IAS 27- Consolidated financial statements and accounting for investment in subsidiaries
    IAS 29- Financial reporting in hyperinflationary economies
    IAS 28- Accounting for investments in associates
    IAS 31- Joint ventures


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