The International Accounting Standards Board (IASB)
publishes 13 revised international accounting standards (IASs) to
address concerns, questions and criticisms raised by securities
regulators and other interested parties about the existing set of IASs
( www.iasb.org.uk ). The revised
standards are IAS 1, Presentation of Financial Statements;
IAS 2, Inventories; IAS 8, Accounting Policies,
Changes in Accounting Estimates and Errors; IAS 10, Events
after the Balance Sheet Date; IAS 16, Property, Plant and
Equipment; IAS 17, Leases; IAS 21, The Effects of
Changes in Foreign Exchange Rates; IAS 24, Related Party
Disclosures; IAS 27, Consolidated and Separate Financial
Statements; IAS 28, Investments in Associates; IAS 31,
Interests in Joint Ventures; IAS 33, Earnings per Share
and IAS 40, Investment Property. The IASB also withdrew
IAS 15, Information Reflecting the Effects of Changing Prices.
International
