(2).INTERNATIONAL ACCOUNTING STANDARDS.

List of International Accounting Standards

• IAS 1- Presentation of Financial Statements
• IAS 2- Inventories
• IAS 3- Consolidated Financial Statements Originally issued 1976, effective 1 Jan 1977. Superseded in 1989 by IAS 27 and IAS 28.
• IAS 4 - Depreciation Accounting Withdrawn in 1999, replaced by IAS 16, 22, and 38, all of which were issued or revised in 1998.
• IAS 5 - Information to Be Disclosed in Financial Statements Originally issued October 1976, effective 1 January 1997. Superseded by IAS 1 in 1997.
• IAS 6- Accounting Responses to Changing Prices Superseded by IAS 15, which was withdrawn December 2003
• IAS 7 - Statement of Cash Flow
• IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors
• IAS 9 - Accounting for Research and Development Activities Superseded by IAS 38 effective 1.7.99
• IAS 10- Events After the Reporting Period
• IAS 11 - Construction Contracts
• IAS 12- Income Taxes
• IAS 13- Presentation of Current Assets and Current Liabilities Superseded by IAS 1.
• IAS 14- Segment Reporting
• IAS 15- Information Reflecting the Effects of Changing Prices Withdrawn December 2003
• IAS 16- Property, Plant and Equipment
• IAS 17- Leases
• IAS 18- Revenue
• IAS 19- Employee Benefits
• IAS 20- Accounting for Government Grants and Disclosure of Government Assistance
• IAS 21 - The Effects of Changes in Foreign Exchange Rates
• IAS 22- Business Combinations Superseded by IFRS 3 effective 31 March 2004.
• IAS 23- Borrowing Costs
• IAS 24- Related Party Disclosures
• IAS 25- Accounting for Investments Superseded by IAS 39 and IAS 40 effective 2001.
• IAS 26- Accounting and Reporting by Retirement Benefit Plans
• IAS 27- Consolidated and Separate Financial Statements
• IAS 28- Investments in Associates
• IAS 29- Financial Reporting in Hyperinflation Economies
• IAS 30- Disclosures in the Financial Statements of Banks and Similar Financial Institutions Superseded by IFRS 7 effective 2007.
• IAS 31- Interests In Joint Ventures
• IAS 32- Financial Instruments: Presentation Disclosure provisions superseded by IFRS 7 effective 2007.
• IAS 33- Earnings Per Share
• IAS 34- Interim Financial Reporting
• IAS 35- Discontinuing Operations Superseded by IFRS 5 effective 2005.
• IAS 36- Impairment of Assets
• IAS 37- Provisions, Contingent Liabilities and Contingent Assets
• IAS 38 - Intangible Assets
• IAS 39 - Financial Instruments: Recognition and Measurement
• IAS 40- Investment Property
• IAS 41 - Agriculture