CHAPTER EIGHT

Contents of IFRS book

CERTAINLY, THE PUBLICATION OF IFRS is beneficial to many people in the business community.

It is worth noting that the publication of IFRS provides information other than the Standards alone. Particularly, the current so-called Red Book contains the following sections:

• Preface to IFRS
• The Conceptual Framework for Financial Reporting
• Changes in this Edition
• Introduction to this edition
• 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
• IFRS 9 Financial Instruments
• IAS 1 Presentation of Financial Statements
• IAS 2 Inventories
• IAS 7 Statement 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 of 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
• 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 Specific Market – Waste Electrical and Electronic Equipment
• IFRIC 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies
• 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
• 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-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 – Web Site Costs
• Glossary
• Due Process Handbook for the IFRS Interpretations Committee
• IFRS Foundation Constitution
• Approval by the Board of Improvements to IFRSs issued in May 2008
• Due Process Handbook for the International Accounting Standards Board (IASB)
• Management Commentary

Note also that IFRS 2012 is the only official printed edition of the consolidated text of the IASB's authoritative pronouncements as issued at 1 January 2012.

This Red Book edition is presented in two parts:

• Part A (the Conceptual Framework and requirements) contains the latest version of International Financial Reporting Standards (IFRSs), International Accounting Standards (IASs), and IFRIC and SIC Interpretations.
• Part B contains the accompanying documents, such as illustrative examples, implementation guidance, bases for conclusions and dissenting opinions.

Part A is 1,440 pages (one book) containing the Standards/interpretations and Part B is 2,240 pages (one book) containing the accompanying documents, bases for conclusions, and so on. Total number of pages for Part A and B is 3,680 pages.