ICAEW recommended 'Open book' for the
Professional Level exams (Financial Accounting and Reporting) and Advanced Level
exams in 2015 and 2016.
Financial Reporting Standards IFRS® Consolidated without early
application (Blue Book).
applicable on 1 January 2015. Does not include IFRSs® with an effective
date after 1 January 2015.
What's new in this edition?
following are the main changes since 1 January 2014:
• Defined Benefit Plans: Employee Contributions (Amendments to IAS
• Annual Improvements to IFRSs 2010-2012 Cycle (which contained
separate amendments to IFRS 2, 3, 8 and 13 and IAS 16, 24 and 38); and
• Annual Improvements to IFRSs 2011-2013 Cycle (which contained
separate amendments to IFRS 1, 3 and 13 and IAS 40).
This edition is presented in two volume parts sold together as a set:
• Part A (the Conceptual Framework
and requirements) contains the consolidated International Financial Reporting Standards (IFRS),
International Accounting Standards (IAS), and IFRIC and SIC Interpretations.
• Part B contains the accompanying documents, such as Illustrative
Examples, Implementation Guidance, Bases for Conclusions and Dissenting
This edition includes
the consolidated Standards (including IFRS, IAS and Interpretations) as approved for
issue up to 31 December 2014 and required to be applied on 1 January 2015.
This edition does not contain IFRSs or
changes to IFRSs with an effective date after 1 January 2015.
Published: 5 December 2014.
ISBN: 978-1-909704-60-2 (Two volumes: Part A and Part B sold together as one
Customers seeking the consolidated text of IFRSs issued
at 1 January 2015 (including IFRSs with an effective date after 1 January 2015)
should refer to the two-part 2015 IFRS (Red Book), which will be published in
the first quarter of 2015.