Friday, June 10, 2005

IASB publishes complete standards for 2005


IASB logo
Originally uploaded by governancefocus.
The International Accounting Standards Board (IASB) has today published in a single volume its official pronouncements that were issued as at 1 January 2005.

The International Financial Reporting Standards (IFRSs) Bound Volume 2005 provides the complete consolidated text of the latest version of IFRSs (including International Accounting Standards (IASs) and Interpretations) and the supporting documents published by the IASB—Bases for Conclusions, Implementation Guidance and Illustrative Examples, as issued at 1 January 2005.

The new material includes:

  • a new standard—IFRS 6 Exploration for and Evaluation of Mineral Resources
  • five Interpretations—IFRICs 1-5
  • amendments to IAS 19 Employee Benefits, IAS 39 Financial Instruments:
    Recognition and Measurement     and SIC-12 Consolidation—Special Purpose Entities
  • amendments to other IFRSs resulting from those pronouncements
    together with editorial corrections.

    See full Press Release, in pdf format.
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