Answer Posted / gobinda sharma gairhe
Accounting standards varies from country to country. There
are currently 12 IFRs and 41 accounting standards.
Following are the list of IAS, IFRS and SIC currently
issued by the international accounting standard board.
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
IAS 1: Presentation of Financial Statements
IAS 2: Inventories
IAS 7: Cash Flow Statements
IAS 8: Accounting Policies, Changes in Accounting Estimates
and Errors
IAS 10: Events After the Balance Sheet Date
IAS 11: Construction Contracts
IAS 12: Income Taxes
IAS 14: Segment Reporting (superseded by IFRS 8 on January
1, 2008)
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 23: Borrowing Costs
IAS 24: Related Party Disclosures
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 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 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
IFRIC 1 Changes in Existing Decommissioning, Restoration
and Similar Liabilities
IFRIC 7 Approach under IAS 29 Financial Reporting in
Hyperinflationary Economies (Issued February 2006)
IFRIC 8 Scope of IFRS 2 (Issued February 2006)
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)
IFRIC 12 Service Concession Arrangements (Issued November
2006)
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)
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