Official pronouncements issued at 1 July 2016 with extensive
cross-references and other annotations. Includes Standards with an
effective data after 1 July 2016 but not Standards they will replace.
Part A - the Conceptual Framework and Requirements
Part B1 & B2 - The Accompanying Documents
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Description
A Guide through IFRS Standards 2016
This editions contains the IFRS Standards as issued by the International Accounting Standards Boards as at 1 July 2016. Extensive cross-references have been added as a way to guide readers through each Standards and its:
* Related Standards
* Accompanying Illustrative Examples and Implementation Guidance; and
* Basis for Conclusions
In addition, the reasons why the IFRS Interpretations Committee did not ass certain items ti its agenda (IFRS interpretations Committee Agenda Decisions) have been included as annotations.
Main Changes Since the 2015 Edition
New cross-referenced Standards and Amendments to Standards include.:
* IFRS 16 Leases (replacing IAS 17, IFRIC 4, SIC-15 and SIC-27);
* Clarifications to IFRS 15 Revenue from Contracts with Customers;
* Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2);
* Disclosure Initiative (Amendments to IAS 7); and
* REcognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)
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Contents
Changes in this edition
Introduction to this edition
Preface to International Financial Reporting Standards
The Conceptual Framework for Financial Reporting
IFRS Standards
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
IFRS 14 Regulatory Deferral Accounts
IFRS 15 Revenue from Contracts with Customers
IFRS 16 Leases
IAS Standards
IAS 1 Presentation of Financial Statements
IAS 2 Inventories
IAS 7 Statement of Cash Flows
IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
IAS 10 Events after the Reporting Period
IAS 12 Income Taxes
IAS 16 Property, Plant and Equipment
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 23 Borrowing Costs
IAS 24 Related Party Disclosures
IAS 26 Accounting and Reporting by Retirement Benefit Plans
IAS 27 Separate Financial Statements
IAS 28 Investments in Associates and Joint Ventures
IAS 29 Financial Reporting in Hyperinflationary Economies
IAS 32 Financial Instruments: Presentation
IAS 33 Earnings per Share
IAS 34 Interim Financial Reporting
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
Interpretations
IFRIC 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities
IFRIC 2 Members' Shares in Co-operative Entities and Similar Instruments
IFRIC 5 Rights to Interests arising from Decommissioning, Restoration and Environmental
Rehabilitation Funds
IFRIC 6 Liabilities arising from Participating in a Specific Market—Waste Electrical and
Electronic Equipment
IFRIC 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary
Economies
IFRIC 10 Interim Financial Reporting and Impairment
IFRIC 12 Service Concession Arrangements
IFRIC 14 IAS 19-The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction
IFRIC 16 Hedges of a Net Investment in a Foreign Operation
IFRIC 17 Distributions of Non-cash Assets to Owners
IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments
IFRIC 20 Stripping Costs in the Production Phase of a Surface Mine
IFRIC 21 Levies
SIC - 7 Introduction of the Euro
SIC - 10 Government Assistance—No Specific Relation to Operating Activities
SIC - 25 Income Taxes-Changes in the Tax Status of an Entity or its Shareholders
SIC - 29 Service Concession Arrangements: Disclosures
SIC - 32 Intangible Assets-Web Site Costs
Glossary
Approval by Board of the Conceptual Framework 2010
Basis for Conclusions on Chapters 1 and 3
Table of Concordance
Approval by Board of Improvements to IFRS
IFRS Practice Statement Management Commentary
Standards and Interpretations Chart
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