International Financial Reporting Standars

The official edition of the consolidated text of the IASB's authoritative pronouncements. This edition presents in a single volume the latest version of International Financial Reporting Standards (IFRSs), International Accounting Standards (IASs), IFRIC and SIC Interpretations and the supporting documents-application guidance, illustrative examples, implementation guidance, bases for conclusions and dissenting opinions - as approved for issue by the IASB at 1 January 2008. The main changes in this 2008 edition of International Financial Reporting Standards IFRS include: a revised IAS 1 Presentation of Financial Statements a revised IFRS 3 Business Combinations a revised IAS 23 Borrowing Costs an amended IAS 27 Consolidated and Separate Financial Statements two new Interpretations - IFRIC 13 Customer Loyalty Programmes IFRIC 14 IAS 19 - The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction amendments to IFRS 2 Share-based Payment amendments to other IFRSs resulting from these pronouncements; the IFRIC Due Process Handbook