پارسی   English   العربیه

International Financial Reporting Standards (IFRS) 2011: Deutsch-Englische Textausgabe der von der EU gebilligten Standards. English & German edition of the official standards approved by the EU


The globalization of capital markets has led to a sharp increase in the importance of International Financial Reporting Standards (IFRS) of the International Accounting Standards Board (IASB). The breakthrough of IFRS in the European Union (EU) occurred with the approval of the so-called IAS Regulation by the European Parliament and the Council of the European Union. In one fell swoop, 7,000 companies were thus obliged to apply the standards of the IASB.

The present publication contains the financial reporting standards (IASs/IFRSs) and financial reporting interpretations (SICs/IFRICs) – endorsed and published by the EU.

This book presents both the English texts of the IFRS and the official translation by the EU side by side. Here is must be borne in mind that the German translation may in some places be inaccurate or downright wrong. If in doubt over an accounting question, consult the original IFRS text!

The present edition went to press on 1st February 2011.

Newly included are amongst others IFRIC 19, the revised IAS 24 as well as amendments to IFRS 1,2 & 8 and IAS 38 & 39.

Also newly included is the framework as published by the EU.

With a foreword and a primer by Professor Dr. Henning Zülch, Leipzig & Vienna, and Professor Dr. Matthias Hendler, Münster


The IASB Financial Reporting Pronouncements.

Framework for the Preparation and Presentation of Financial Statements.

International Accounting Standards.

IAS 1 Presentation of Financial Statements.

IAS 2 Inventories.

IAS 7 Statements of Cash Flows.

IAS 8 Accounting policies, changes in accounting estimates and errors.

IAS 10 Events after the Reporting Period.

IAS 11 Construction contracts.

IAS 12 Income taxes.

IAS 16 Property, plant and equipment.

IAS 17 Leases.

IAS 18 Revenue.

IAS 19 Employee benefits.

IAS 20 Accounting for government grants and disclosure of government assistance.

IAS 21 The effects if changes in foreign exchange rates.

IAS 23 Borrowing Costs.

IAS 24 Related Party Disclosures.

IAS 26 Accounting and reporting by retirement benefit plans.

IAS 27 Consolidated and separate financial statements.

IAS 28 Investments in associates.

IAS 29 Financial reporting in hyperinflationary economies.

IAS 31 Interests in joint ventures.

IAS 32 Financial instruments: presentation.

IAS 33 Earnings per share.

IAS 34 Interim financial reporting.

IAS 36 Impairment of assets.

IAS 37 Provisions, contingent liabilities and contingent assets.

IAS 38 Intangible assets.

IAS 39 Financial instruments: recognition and measurement.

IAS 40 Investment property.

IAS 41 Agriculture.

International Financial Reporting Standards.

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 and evaluation of mineral resources.

IFRS 7 Financial instruments: disclosures.

IFRS 8 Operating segments.

IFRIC Interpretations.

IFRIC 1 Changes in existing decommissioning restoration and similar liabilities.

IFRIC 2 Members’ shares in cooperative 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 specific market – waste electrical and electronic equipment.

IFRIC 7 Applying the restatement approach under IAS 29 Financial in hyperinflationary economies.

IFRIC 9 Reassessment of embedded derivatives.

IFRIC 10 Interim financial reporting and impairment.

IFRIC 12 Service Concession Arrangements.

IFRIC 13 Customer Loyalty Programmes.

IFRIC 14 IAS 19 – The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction.

IFRIC 15 Agreements for the Construction of Real Estate.

IFRIC 16 Hedges of a Net Investment in a Foreign Operation.

IFRIC 17 Distributions of Non-cash Assets to Owners.

IFRIC 18 Transfers of Assets from Customers.

IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments.

Standing Interpretations Committee Interpretations.

SIC-7 Introduction of the euro.

SIC-10 Government assistance – no specific relation to operating activities.

SIC-12 Consolidation – special purpose entities.

SIC-13 Jointly controlled entities – non-monetary contributions by venturers.

SIC-15     Operating leases – incentives.

SIC-21 Income taxes – recovery of revalued non-depreciable assets.

SIC-25 Income taxes – changes in the tax status of an entity or its shareholders.

SIC-27 Evaluating the substance of transactions involving the legal form of a lease.

SIC-29 Service Concession Arrangements: Disclosures.

SIC-31 Revenue – barter transactions involving advertising services.

SIC-32 Intangible assets – website costs.