IAS, IFRS and Conceptual Framework for Financial Reporting

 Conceptual Framework for Financial Reporting:

Conceptual Framework for Financial Reporting was issued by the International Accounting Standards Board in September 2010. It was revised in March 2018.

To download the full Conceptual Framework for Financial Reporting (pdf), please visit the website of Financial Reporting Council, Bangladesh.

The Conceptual Framework for Financial Reporting includes-

Chapter 1—The Objective Of General Purpose Financial Reporting

Chapter 2—Qualitative Characteristics Of Useful Financial Information

Chapter 3—Financial Statements And The Reporting Entity

Chapter 4—The Elements Of Financial Statements

Chapter 5—Recognition And Derecognition

Chapter 6—Measurement

Chapter 7—Presentation And Disclosure

Chapter 8—Concepts Of Capital And Capital Maintenance

International Financial Reporting Standards (IFRS): 

To download the full International Financial Reporting Standards (IFRS) (pdf), please visit the website of Financial Reporting Council, Bangladesh.

1. IFRS_1: First‑ time Adoption of International Financial Reporting Standards

2. IFRS_2: Share‑ based Payment

3. IFRS_3: Business Combinations

4. IFRS_4: Insurance Contracts

[IFRS 17 supersedes IFRS 4 Insurance Contracts, as amended in 2020.]

5. IFRS_5: Non‑ current Assets Held for Sale and Discontinued Operations

6. IFRS_6: Exploration for and Evaluation of Mineral Resources

7. IFRS_7: Financial Instruments: Disclosures

8. IFRS_8: Operating Segments

9. IFRS_9: Financial Instruments 

10. IFRS_10: Consolidated Financial Statements

11. IFRS_11: Joint Arrangements

12. IFRS_12: Disclosure of Interests in Other Entities

13. IFRS_13: Fair Value Measurement

14. IFRS_14: Regulatory Deferral Accounts 

15. IFRS_15: Revenue from Contracts with Customers

16. IFRS_16: Leases

17. IFRS_17: Insurance Contracts

International Accounting Standards (IAS)

To download the full International Financial Reporting Standards (IFRS) (pdf), please visit the website of Financial Reporting Council, Bangladesh.

1. IAS_1: Presentation of Financial Statements

2. IAS_2: Inventories

3. IAS_7: Statement of Cash Flows

4. IAS_8: Accounting Policies, Changes in Accounting Estimates and Errors

5. IAS_10: Events after the Reporting Period 

6. IAS_12: Income Taxes 

7. IAS_16: Property, Plant and Equipment 

8. IAS_19: Employee Benefits

9. IAS_20: Accounting for Government Grants and Disclosure of Government Assistance 

10. IAS_21: The Effects of Changes in Foreign Exchange Rates

11. IAS_23: Borrowing Costs 

12. IAS_24: Related Party Disclosures 

13. IAS_26: Accounting and Reporting by Retirement Benefit Plans 

14. IAS_27: Separate Financial Statements

15. IAS_28: Investments in Associates and Joint Ventures

16. IAS_29: Financial Reporting in Hyperinflationary Economies

17. IAS_32: Financial Instruments: Presentation

18. IAS_33: Earnings per Share

19. IAS_34: Interim Financial Reporting 

20. IAS_36: Impairment of Assets

21. IAS_37: Provisions, Contingent Liabilities and Contingent Assets

22. IAS_38: Intangible Assets 

23. IAS_39: Financial Instruments: Recognition and Measurement 

24. IAS_40: Investment Property 

25. IAS_41: Agriculture