ICAEW recommended 'Open book' for the Professional Level exams (Financial Accounting and Reporting) and Advanced Level exams in
Q4 2016 and in 2017 (June, September and December 2017 exams).

The 2016 IFRS^® (Blue Book) includes the consolidated Standards as approved for issue by the IASB up to 31 December 2015 and as required to be applied on 1 January 2016.

This edition is presented in two volume parts:
• 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 Opinions.

What's new?
The following are the main changes since 1 January 2015:

• IFRS 14 Regulatory Deferral Accounts ;
• Accounting for Acquisitions of Interests in Joint Operations (Amendments to IFRS 11);
• Clarification of Acceptable Methods of Depreciation and Amortisation (Amendments to IAS 16 and IAS 38);
• Agriculture: Bearer Plants (Amendments to IAS 16 and IAS 41);
• Equity Method in Separate Financial Statements (Amendments to IAS 27);
• Sale or Contribution of Assets between an Investor and its Associate or Joint Venture (Amendments to IFRS 10 and IAS 28);
• Investment Entities: Applying the Consolidation Exception (Amendments to IFRS 10, IFRS 12 and IAS 28);
• Disclosure Initiative (Amendments to IAS 1); and
• Annual Improvements to IFRSs 2012–2014 Cycle (which contained separate amendments to IFRS 5 and 7 and IAS 19 and 34).

The 'Blue Book' was created as a direct response to comments from practitioners currently reporting under IFRS. Those seeking an edition containing all the requirements for the current year will value the 'Blue Book'.

Pagination: Volume part A is approximately 1536 pages and volume part B is 2432 pages. Total number of pages for Part A and B is 3968 pages.

For more information about the main changes in this 2016 edition of the Blue Book please click here:

Discounts are available for academics, students, residents of middle and low income countries and for multiple copies of 10 or more books. Only one discount applies per order and will be applied automatically during online ordering.

If you have any queries, please contact customer services by email: publications@ifrs.org or telephone +44 (0)20 7332 2730

Related Products:

PLEASE NOTE: If you have an eIFRS Comprehensive Subscription you will automatically receive the 2016 IFRS (Blue Book) as part of your subscription package. To order a new subscription click here

2016 International Financial Reporting Standards IFRS^® Consolidated without early application (Blue Book).

Official pronouncements applicable on 1 January 2016. Does not include Standards with an effective date after 1 January 2016.

This edition, presented in two volume parts, includes the consolidated Standards (including IFRS, IAS and Interpretations) as approved for issue up to 31 December 2015 and required to be applied on 1 January 2016.

This edition does not contain Standards or changes to Standards with an effective date after 1 January 2016.

Published on 8th December 2015.

ISBN: 978-1-911040-00-2 (Two volumes: Part A and Part B sold together as one set).