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| International Accounting standard(IAS-List) |
International Accounting Standards (IAS) are a set of accounting principles and guidelines issued by the International Accounting Standards Committee (IASC) to standardize and harmonize accounting practices globally.
The purpose of IAS is to ensure transparency, consistency, and comparability of financial statements across different countries.
These standards were later replaced by the International Financial Reporting Standards (IFRS) in 2001, but many IAS remain in effect and are part of the IFRS framework today.
They cover various accounting topics, including revenue recognition, financial statement presentation, and asset valuation.
IAS-IFRS-List:International Accounting Standards(IAS & IFRS):
Introduction & History of IAS in short-Click here in details
IAS-1 = Presentation of financial statements-Click here in details
IAS-2 = Accounting for inventories-Click here in details
IAS-7 =Presentation of cash flow statements-Click here in details
IAS-8 = Accounting policies, changes in accounting estimates-Click here in details
IAS-10 = Events after the reporting period-Click here in details-Click here in details
IAS-12 = Income taxes-Click here in details
IAS-16 =Property, plant, and equipment (PPE)-Click here in details
IAS-19 = Accounting for employee benefits-Click here in details
IAS-21 =The effects of changes in foreign exchange rates-Click here in details
IAS-23 = Borrowing costs-Click here in details
IAS-24 = Related party disclosures -Click here in details
IAS-37 = Provisions, contingent liabilities, and contingent assets-Click here in details
IAS-39=Recognition and measurement of financial instruments-Click here in details
IAS-40=Investment property-Click here in details
IFRS-7=financial instruments and disclosures-Click here in details
IFRS-9=Classification,measurement,and-impairment of financial instruments-Click here in details
IFRS-15=Comprehensive-frameworkfor-recognizing revenue from contracts with customers-Click here in details
IFRS-16= lease accounting-Click here in details