International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS)

Many candidates of accountancy profession may have an overwhelming desire to have up to date and comprehensive list for International Standards of Accounting (IAS) or International Financial Reporting Standards (IFRS). Below I have produced a detailed and chronological list of ISA and IFRS that may serve as a model list and may help candidates and professionals in their education, exams and professional life. A brief description of each ISA and IFRS is also given along- with.

International Accounting Standards:

  1. IAS 1 Presentation of Financial Statements
  2. IAS 2 Inventories
  3. IAS 7 Statement of Cash Flows
  4. IAS8 Accounting Policies, Changes in Accounting Estimates and errors
  5. IAS 10 Events after the reporting period
  6. IAS 11 Construction Contracts
  7. IAS 12 Income Taxes
  8. IAS 16 Property, Plant and Equipment
  9. IAS 17 Leases
  10. IAS 18 Revenue
  11. IAS19 Employee Benefits
  12. IAS 20 Accounting for Government Grants and Disclosure of Government Assistance
  13. IAS 21 The Effects of Changing in Exchange Rates
  14. IAS 23 Borrowing Costs
  15. IAS 24 Related Party Disclosures
  16. IAS 26 Accounting and Reporting by Retirement Benefit Plans
  17. IAS 27 Consolidated and Separate Financial Statements
  18. IAS 28 Investment in Associates
  19. IAS 29 Financial Reporting in Hyperinflationary Economies
  20. IAS 31 Interests in Joint Ventures
  21. IAS 32 Financial Instrument: Presentation
  22. IAS 33 Earnings Per Share
  23. IAS 34 Interim Financial Reporting
  24. IAS 36 Impairment of Assets
  25. IAS 37 Provision, Contingent Liabilities and Contingent Assets
  26. IAS 38 Intangible Assets
  27. IAS 39 Financial Instruments: Recognition and Measurement
  28. IAS 40 Investment Property
  29. IAS 41 Agriculture
  30. IFRS 1 First Time Adoption of IFRS
  31. IFRS 2 Share Based Payment
  32. IFRS 3 Business Combination
  33. IFRS 4 Insurance Contracts
  34. IFRS 5 Non Current Assets Held for Sale and Discontinued Operations
  35. IFRS 6 Exploration for and Evaluation of Mineral Resources
  36. IFRS 7 Financial Instruments
  37. IFRS 8 Operating Segments
  38. IFRS 9 Financial Instruments
  39. IFRS 10 Consolidated Financial Statements (effective from 2013)
  40. IFRS 11 Joint Arrangements (effective from 2013)
  41. IFRS for SMEs