IFRS - 2013, 2014

International Financial

Reporting Standards (IFRS)

A Guide Through IFRS 2014 includes the official pronouncements issued by the IASB as at 1 July 2014. This edition is presented in two volumes, Parts A and B, and includes the following changes made since 1 July 2013.

• two new Standards—IFRS 14 Regulatory Deferral Accounts; and IFRS 15 Revenue from Contracts with Customers and the associated withdrawal of IASs 11 and 18, IFRICs 13, 15 and 18 and SIC-31;

• IFRS 9 Financial Instruments (Hedge Accounting and amendments to IFRS 9, IFRS 7 and IAS 39) added a new chapter on hedge accounting to IFRS 9, together with two other changes to IFRS 9 and consequential amendments to IFRS 7 and IAS 39;

• Annual Improvements to IFRSs 2010–2012 Cycle (which contained separate amendments to IFRSs 2, 3, 8 and 13 and IASs 16, 24 and 38);

• Annual Improvements to IFRSs 2011–2013 Cycle (which contained separate amendments to IFRSs 1, 3 and 13 and IAS 40);

• amendments to IFRS 11 and IASs 16, 19, 38 and 41; and

• related consequential amendments to other Standards and Interpretations.