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The IFRS Foundation provides free access (through Basic registration) to the PDF files of the current year's IFRIC ®  Interpretations (Part A of the Issued Standards—the Red Book), as well as available translations of Interpretations. This section also provides high level and non-technical summaries for the Interpretations.  The full Standards with all accompanying documents are available for  Premium subscribers on eIFRS . For more information about what is provided for free and why, visit our unaccompanied Standards FAQ page . Interpretation name IFRIC 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities IFRIC 2 Members’ Shares in Co-operative Entities and Similar Instruments IFRIC 4 Determining whether an Arrangement Contains a Lease IFRIC 5 Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds IFRIC 6 Liabilities arising from Participating in a S...

The IFRS Foundation provides free access (through Basic registration) to the PDF files of the current year's consolidated IFRS ®  Standards (Part A of the Issued Standards—the Red Book), the  Conceptual Framework for Financial Reporting  and IFRS Practice Statements, as well as available translations of Standards. This section also provides high-level and non-technical summaries for the Standards. The full Standards with all accompanying documents are available for  Premium subscribers on eIFRS . For more information about what is provided for free and why, visit our  unaccompanied Standards FAQ page . Standard name Conceptual Framework for Financial Reporting IFRS 1 First-time Adoption of International Financial Reporting Standards IFRS 2 Share-based Payment IFRS 3 Business Combinations IFRS 4 Insurance Contracts IFRS 5 Non-current Assets Held for Sale and Discontinued Operations IFRS 6 Exploration for an...

by  Grant Thornton  |  Jul 6, 2018 3:32am Image: Grant Thornton The IASB has published a revised version of the 'Conceptual Framework for Financial Reporting. This completes the IASB's long-running project to update and clarify its existing guidance and fill in the gaps in it. Download Now © 2018 Grant Thornton International Ltd. 

IFRS Taxonomy 2017 now available in Spanish The files for the IFRS Taxonomy 2017 in Spanish are now available. To provide further support to Spanish-speaking users of the IFRS Taxonomy, the IFRS Taxonomy Illustrated (ITI) is available for viewing and use in Spanish. The ITI presents a simplified view of the IFRS Taxonomy in an easy-to-read, visual format that does not require knowledge of XBRL, with links to the electronic IFRS Standards (in eIFRS). View the ITI organised by IFRS Standards View the ITI organised according to order of financial statements View the ITI for the IFRS for Small and Medium-sized Entities In addition, IFRS Taxonomy versioning information is also available in Spanish. The Versioning information shows changes between two taxonomies. These changes are reflected by including change annotations and additional formatting in the IFRS Taxonomy Illustrated. View the documentation detailing the changes between the IFRS Taxonomy 2016 and the IFRS Taxonomy 2017 V...

The IFRS Foundation has issued the 2017 IFRS Taxonomy Formula Linkbase. The Formula Linkbase is updated from the 2016 version; it is designed to help improve the data quality of IFRS Taxonomy filings and to provide additional guidance for both technical and financial reporting audiences so that they can better understand the IFRS concepts and their meanings.

The IFRS Foundation has announced a Middle East IFRS conference in Dubai on Wednesday 4 and Thursday 5 October 2017. In addition to updates on major IFRSs (IFRS 17, IFRS 9, IFRS 15, IFRS 16), better communication in finacial reporting, and materiality, the conference will also feature a panel discussion on Islamic accounting. Therefore, the list of speakers not only includes IASB Chair and Vice-Chair, IASB members and staff but also the Chair of the IASB Islamic Finance Consultative Group

The International Accounting Standards Board (IASB) has appointed Nili Shah as Executive Technical Director. She follows Hugh Shields in the role of leading the IASB's technical staff and being responsible for the efficient delivery of all technical activities. Ms Shah, who will take office in October 2017, is currently Deputy Chief Accountant of the Division of Corporation Finance of the US Securities and Exchange Commission (SEC). In that capacity she has supported the SEC staff’s discussions on IFRSs within the International Organization of Securities Commission’s (IOSCO) accounting technical committee. 

A Guide to the IFRS Education Initiative. The objective of the education initiative is to reinforce the IFRS Foundation’s goal of promoting the adoption and consistent application of a single set of high-quality international accounting standards. In fulfilling its objective, the education initiative takes account of the special needs of small and medium-sized entities and emerging economies.　 To achieve its objective, the education initiative will make available an appropriate range of high-quality, understandable and up-to-date material and services about standard-setting and IFRSs. Click here for a list of recent publications. Click here for a list of forthcoming IFRS events.  Framework-based teaching of principle-based standards. The IFRS Foundation education initiative is developing comprehensive free to download teaching material to support those teaching IFRS to develop their students' ability to make the judgements and estimates to apply IFRS with rigour...