IASB's 2008 Bound Volume is published
06 Mar 2008
The IASB has published International Financial Reporting Standards 2008 – the English language Bound Volume containing the official consolidated text of all authoritative IASB pronouncements approved for issue at 1 January 2008. This includes the revised IFRS 3 Business Combinations and amended IAS 27 Consolidated and Separate Financial Statements, which were issued in mid-January.
BV 2008 (ISBN: 978-1-905590-54-4) has 2,752 pages and sells for £60 plus shipping, with discounts for students, educators, and low and middle income countries. The main changes in the 2008 edition as compared to last year's Bound Volume are:
- a revised IAS 1 Presentation of Financial Statements
- a revised IFRS 3 Business Combinations
- a revised IAS 23 Borrowing Costs
- an amended IAS 27 Consolidated and Separate Financial Statements
- two new Interpretations:
- IFRIC 13 Customer Loyalty Programmes
- IFRIC 14 IAS 19 - The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction
- amendments to IFRS 2 Share-based Payment
- amendments to other IFRSs resulting from these pronouncements
- the IFRIC Due Process Handbook