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Total Number of IAS Standards?
India
How many number of standards are there really in IAS? (...) Read more? Sign up for free
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Counting the Number of Accounting Standards
Mukela Namushi Mubano, Accountant, Zambia, Member When we say 41 IASS, do we include those that have been replaced by the IFRSS? I need to understand the criteria used to count the standards.
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Number of IAS's
Victor Birikorang Danquah, Teacher, Ghana, Member The 41 IAS's do not include the replaced ones. They are counted as IAS 1, 2, 7, 8, 10, 11, 12, 16, 17, 18, 19, 20, 23, 24, 27, 28, 30, 31, 32, 33, 36, 37, 38, 39, 40, 41.
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Accounting Standards and Bodies
Reynaldo Bonifacio, Accountant, Philippines, Member The International Accounting Standards Board (IASB) publishes its standards in a series of pronouncements called International Financial Reporting Standards (IFRSs). Upon its inception the IASB adopted the body of International Accounting Standards (IASs) issued by its predecessor, the board of the international accounting standards committee. The term ' International Financial Reporting Standards' includes IFRSs, IASs and interpretations developed by the IFRIC or its predecessor, the former Standing Interpretations Committee (SIC).
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