IASC publishes complete IASB standards for 2007

13 March 2007




The International Accounting Standards Committee (IASC) Foundation published in a single volume the International Accounting Standards Board’s official pronouncements as approved at 1 January 2007.

The International Financial Reporting Standards (IFRSs) Bound Volume 2007 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 at 1 January 2007.

The new material includes:

  • a new standard—IFRS 8 Operating Segments
  • four new Interpretations—IFRICs 9-12
  • amendments to other IFRSs resulting from those pronouncements
  • amendments to the Preface to International Financial Reporting Standards
  • the Due Process Handbook for the IASB
  • editorial corrections.

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