IFRS Summaries

IASB has a conceptual framework underlying its financial reporting standards and interpretations, the Framework for the Preparation and Presentation of Financial Statements (the Framework). The Framework sets out the concepts that underlie the preparation and presentation of financial statements for external users.

IFRS and IAS Summaries

IASB publishes its Standards in a series of pronouncements called International Financial Reporting Standards (IFRSs). It has also adopted the body of Standards issued by the Board of the International Accounting Standards Committee (IASC).

Those pronouncements continue to be designated "International Accounting Standards" (IASs).

The full text of the Standards (IFRS and IAS) are available from our Web Shop.

Editorial Corrections

A list of Editorial Corrections that have been made to the Standards.