Effective dates of international accounting standards

As per www.IFRS.org, this list contains the International Accounting Standards and their date of issuance by the International Accounting Standards Board (IASB). However, it is advisable that the readers shall visit the IFRS website for the latest development and issuance of the accounting standards.

www.IFRS.org

 

No

Title

Originally Issued

Effective

Fully withdrawn

Superseded by

IAS 1

Presentation of Financial Statements

1975

January 1, 1975

 

 

IAS 2

Inventories

1976

January 1, 1976

 

 

IAS 3

Consolidated Financial Statements

1976

January 1, 1977

January 1, 1990

IAS 27 and IAS 28

IAS 4

Depreciation Accounting

1976

January 1, 1977

July 1, 1999

IAS 36

IAS 5

Information to Be Disclosed in Financial Statements

1976

 

January 1, 1977

July 1, 1998

IAS 1

IAS 6

Accounting Responses to Changing Prices

1977

January 1, 1978

January 1, 1983

IAS 15

 

IAS 7

Cash Flow Statements

1977

January 1, 1979

 

 

IAS 8

Accounting Policies, Changes in Accounting Estimates and Errors

1978

January 1, 1979

 

 

IAS 9

Accounting for Research and Development Activities

1978

January 1, 1980

July 1, 1999

IAS 38

IAS 10

Contingencies and Events Occurring After the Balance Sheet Date (1978)

- Events After the Balance Sheet Date (1999)

 

1978

January 1, 1980

 

 

 

-Events after the Reporting Period (2007)

 

 

 

 

 

 

 

IAS 11

Accounting for Construction Contracts (1979)

 

- Construction Contracts (1993)

1979

January 1, 1980

 

 

IAS 12

Accounting for Taxes on Income (1979)

- Income Taxes (1996)

1979

January 1, 1981

 

 

IAS 13

Presentation of Current Assets and Current Liabilities

1979

January 1, 1981

July 1, 1998

IAS 1

IAS 14

Reporting Financial Information by Segment (1981)

 

- Segment reporting (1997)

1981

January 1, 1983

January 1, 2009

IFRS 8

 

IAS 15

Information Reflecting the Effects of Changing Prices

1981

January 1, 1983

January 1, 2005

N/A

IAS 16

Accounting for Property, Plant and Equipment (1982)

 

- Property, Plant and Equipment (1993)

1982

January 1, 1983

 

 

IAS 17

Accounting for Leases (1982)

 

- Leases (1997)

1982

January 1, 1984

January 1, 2019

IFRS 16

IAS 18

Revenue Recognition (1982)

 

- Revenue (1993)

1982

January 1, 1984

January 1, 2018

IFRS 15

 

IAS 19

Accounting for Retirement Benefits in Financial Statements of Employers (1983)

 

- Retirement Benefit Costs (1993)

 

- Employee Benefits (1998)

 

1983

January 1, 1985

 

 

IAS 20

Accounting for Government Grants and Disclosure of Government Assistance

1983

January 1, 1984

 

 

IAS 21

Accounting for the Effects of Changes in Foreign Exchange Rates (1983)

 

- The Effects of Changes in Foreign Exchange Rates (1993)

1983

January 1, 1985

 

 

IAS 22

Accounting for Business Combinations (1983)

- Business Combinations (1993)

1983

January 1, 1985

April 1, 2004

IFRS 3

 

IAS 23

Capitalisation of Borrowing Costs (1984)

 

- Borrowing Costs (1993)

1984

January 1, 1986

 

 

IAS 24

Related Party Disclosures

1984

January 1, 1986

 

 

IAS 25

Accounting for Investments

1986

January 1, 1987

January 1, 2001

IAS 39 and IAS 4

IAS 26

Accounting and Reporting by Retirement Benefit Plans

1987

January 1, 1988

 

 

IAS 27

Consolidated Financial Statements and Accounting for Investments in Subsidiaries (1989)

- Consolidated and Separate Financial Statements (2003)

-Separate Financial Statements (2011)

 

 

1989

January 1, 1990

 

 

IAS 28

Accounting for Investments in Associates (1989)

- Investments in Associates & ASSOCIATES (2003)

- Investments in Associates and Joint Ventures (2011)

1989

January 1, 1990

 

 

IAS 29

Financial Reporting in Hyper inflationary Economies

1989

January 1, 1990

 

 

IAS 30

Disclosures in the Financial Statements of Banks and Similar Financial Institutions

1990

January 1, 1991

January 1, 2007

IFRS 7

IAS 31

Financial Reporting of Interests in Joint Ventures (1990)

- Interests in Joint Ventures (2003)

1990

January 1, 1992

January 1, 2013

IFRS 11 and IFRS 12

IAS 32

Financial Instruments: Disclosure and Presentation (1995)

- Financial Instruments: Presentation (2005)

 

1995

January 1, 1996

 

 

IAS 33

Earnings per Share

1997

January 1, 1999

 

 

IAS 34

Interim Financial Reporting

1998

January 1, 1999

 

 

IAS 35

Discontinuing Operations

1998

July 1, 1999

January 1, 2005

IFRS 5

IAS 36

Impairment of Assets

1998

July 1, 1999

 

 

IAS 37

Provisions, Contingent Liabilities and Contingent Assets

1998

July 1, 1999

 

 

IAS 38

Intangible Assets

1998

July 1, 1999

 

 

IAS 39

Financial Instruments: Recognition and Measurement

1998

January 1, 2001

January 1, 2018

IFRS 9

 

IAS 40

Investment Property

2000

January 1, 2001

 

 

IAS 41

Agriculture

2000

January 1, 2003