Practice Statements
These IFRS Practice Statements issued by the IASB relate to accounting standards that are part of the old Accounting Standards Framework. The IFRS Practice Statements have no legal status. A for-profit entity need not comply with the IFRS Practice Statements to be able to assert compliance with IFRSs.
The IFRS Practice Statement is a broad, non-binding framework for the presentation of narrative reporting to accompany financial statements prepared in accordance with IFRSs.
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Accounting Standards
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Accounting Standards Framework
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Reporting made simple
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For-Profit Standards
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Public sector Standards
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Incorporated Societies
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New Accounting Standards
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Archived standards
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Support and resources
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Accounting Standards Board
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