This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

New and revised Standards for 2009

  • IASB (International Accounting Standards Board) (blue) Image

30 Dec 2009

The following is a comprehensive list of new and revised IASB Standards and Interpretations that are effective for 31 December 2009 year ends and later periods.

All of the newsletters referred to may be downloaded without charge on our Newsletter Page. See also the news story immediately below for our comprehensive year-end IAS Plus Update Newsletter – Closing Out 2009.

New pronouncements effective for 31 December 2009 year ends

New Standards

Effective for annual periods beginning on or after

IAS Plus newsletter issued

IFRS 8

Operating segments

1 January 2009

December 2006

IFRS for SMEs

IFRS for Small and Medium-sized Entities

Available immediately

July 2009

Amendments to Standards

IFRS 1 and IAS 27

Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate

1 January 2009

May 2008

IFRS 2

Vesting Conditions and Cancellations

1 January 2009

January 2008

IFRS 7

Enhancing disclosures about fair value and liquidity risk

1 January 2009

March 2009

IAS 1

Presentation of Financial Statements

1 January 2009

September 2007

IAS 23

Borrowing cost

1 January 2009

April 2007

IAS 32 and IAS 1

Puttable Financial Instruments and Obligations Arising on Liquidation

1 January 2009

February 2008

IAS 39

Clarification regarding assessment of embedded derivatives

Annual periods ending on or after 30 June 2009

March 2009

IAS 39 and IFRS 7

Reclassification of financial assets

1 July 2008

October 2008

Various

Improvements to IFRSs

Various

May 2008

New Interpretations

IFRIC 13

Customer Loyalty Programmes

1 July 2008

June 2007

IFRIC 15

Agreements for the Construction of Real Estate

1 January 2009

July 2008

IFRIC 16

Hedges of a Net Investment in a Foreign Operation

1 October 2008

July 2008

IFRIC 18

Transfers of Assets from Customers

Transfers made after 1 July 2009

February 2009

 

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.