IFRS accounting standards

Check effective dates for IFRS to find out more about recent changes to the standards and when they come into effect.

International Financial Reporting Standards (IFRSs) are international accounting standards issued by the IASB.

• IFRS 1 First-time Adoption of IFRS
• 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
• IFRS 17 Insurance Contracts
• IFRS for SMEs

International Accounting Standards (IASs) are international accounting standards issued by the International Accounting Standards Committee (IASC). The IASC was replaced by the IASB in 2001.

• IAS 1 Presentation of Financial Statements
• IAS 2 Inventories
• IAS 7 Statement of Cash Flows (previously Cash Flow Statements)
• 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 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

International Financial Reporting Interpretations Committee (IFRIC) Interpretations are developed by the IFRS Interpretations Committee and are issued approval by the IASB.

• IFRIC 1 Existing Decommissioning, Restoration and Similar Liabilities
• IFRIC 2 Members’ Shares in Co-operative Entities and Similar Instruments
• IFRIC 5 Decommissioning, Restoration and Environmental Rehabilitation Funds
• IFRIC 6 Liabilities Arising from Participating in a Specific Market
• IFRIC 7 Applying the Restatement Approach under IAS 29
• IFRIC 10 Interim Financial Reporting and Impairment
• IFRIC 12 Service Concession Arrangements
• IFRIC 14 IAS 19: Limit on Defined Benefit Asset
• 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
• IFRIC 22 Foreign Currency Transactions and Advance Consideration
• IFRIC 23 Uncertainty over Income Tax Treatments

Standing Interpretations Committee (SIC) Interpretations were developed by the Standards Interpretations Committee and were subsequently endorsed by the IASB between 1997 and 2001.

• 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 Enterprise or its Shareholders
• SIC 29 Disclosure – Service Concession Arrangements
• SIC 32 Intangible Assets – Website Costs