Friday, 19 February 2016

International Accounting Standards & International Financial Reporting Standards

Do click the hashtag #Think Accounting Think IFRS


        As promised that i will be making a post regarding the various Financial reporting standards as issued by International accounting standard board(IASB),do find as you read ahead...

Continue after the cut;
      

         IAS  1-   Presentation of Financial Statement
         IAS  2-   Inventories
         IAS  7-  Statement of Cash flows
         IAS  8-  Accounting policies,Changes in Accounting Estimate  & Errors
         IAS 10- Events after reporting date
         IAS 11- Construction  contracts
         IAS 12- Income taxes
         IAS 14- Segment Reporting
         IAS 15- Information reflecting the effect of changing prices
         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- Effect of Changes in Foreign Exchange rates
         IAS 22- Business Combinations
         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- Investment in Associates
         IAS 29- Financial Reporting in hyperinflationery Economies
         IAS 30- Disclosures in financial statement of banks and similar financial institutions.
         IAS 31- Interest in Joint ventures
         IAS 32- Financial Instruments:Presentation
         IAS 33- Earnings per shares
         IAS 34- Interim Financial reporting 
         IAS 35- Discontinuing operations
         IAS 36- Impairment of Assets
         IAS 37- Provisions,Contingent liabilities and Contingent assets
         IAS 38- Intangible assets
         IAS 39- Financial Instrument: Recognition & Measurement
         IAS 40- Investment Property
         IAS 41-  Agriculture
   

Check the next post for International Financial reporting standards

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