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BRILLIANT’S Accounting Standards 61
International Accounting Standards Board Ûmam g§Mm{bV hmoZo bJm Wm {OgHo$ gXñ` {díd H$s
(IASB) in 2001 when it was governed by an \$m`Z|{e`b H$å`y{ZQ>r Omo gmd©O{ZH$ {hV H$m à{V{Z{YËd
independent Board whose members are
appointed by Trustees, drawn from the world's H$aVo h¢ CZgo {b`o J`o Q´>ñQ>rO Ûmam {Z¶w³V {H$¶o OmVo h¢&
financial community, who represent the public IASB Ûmam Omar Z¶o B§Q>aZoeZb AH$mC§qQ>J ñQ>¢S>S²>g©
interest. New International Accounting B§Q>aZoeZb \$m`Z|{e`b [anmo{Q>ªJ ñQ>¢S>S²>©g (IFRS) H$hbmVo
Standards issued by the IASB are known as
h¢& IASB Ûmam Omar {H$`o J`o g§emo{YV IASs H$mo IASS
International Financial Reporting Standards
(IFRS). Revised IASs issued by the IASB are still ^r H$hm OmVm h¡&
known as IASS.
International Accounting Standards / B§Q>aZoeZb AH$mC§qQ>J ñQ>¢S>S²>©g
S.No. Name Issued
IAS 1 Presentation of Financial Statements / \$m`Z|{e`b ñQ>oQ>_|Q²>g H$s àñVw{V 2007*
IAS 2 Inventories / B§d|Q>arO 2005*
Consolidated Financial Statements / H§$gmo{bS>oQ>oS> \$m`Z|{e`b ñQ>oQ>_|Q²>g
IAS 3 Superseded in 1989 by IAS 27 and IAS 28
IAS 27 VWm IAS 28 Ûmam 1989 _| hQ>m {X`m J`m 1976
IAS 4 Depreciation Accounting Withdrawn in 1999
S>o{à{gEeZ AH$mC§qQ>J 1989 _| dmng {b`m J`m
IAS 5 Information to Be Disclosed in Financial Statements
\$m`Z|{e`b ñQ>oQ>_|Q²>g _| {S>ñŠbmoO H$s OmZo dmbr gyMZm
Superseded by IAS 1 effective 1 July 1998
1 OwbmB© 1998 H$mo à^mdr IAS 1 Ûmam hQ>m {X`m 1976
IAS 6 Accounting Responses to Changing Prices
M|qOJ àmBgog Ho$ {bE AH$mC§qQ>J [añnm±gog
Superseded by IAS 15, which was withdrawn December 2003
IAS 15 Ûmam ^§J H$a {X`m J`m {Ogo {Xg§~a 2003 _| dmng bo {b`m Wm
IAS 7 Statement of Cash Flows / H¡$e âbmo H$m ñQ>oQ>_|Q> 1992
IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
AH$mC§qQ>J nm°{bgrO, AH$mC§{Q>§J EñQ>r_oQ²>g VWm Eag© _| n[adV©Z 2003
IAS 9 Accounting for Research and Development Activities
[agM© VWm S>odbn_|Q> J{V{d{Y`m| Ho$ {bE AH$mC§qQ>J
Superseded by IAS 38 effective 1 July 1999
1 OwbmB© 1999 H$mo à^mdr IAS 38 Ûmam ^§J H$a {X`m