ASC | Issued before 2013

Financial Reporting Standards
Issued before 2013

The standards issued by the ASC are published for your personal use only. As the FRSs and INT FRSs issued by the ASC are based on the IASs/IFRSs and SICs/IFRICs issued by the International Accounting Standards Board, please contact the IFRS Foundation for permission to use the standards for third-party and commercial purposes.

Standard	Title	Effective date	Issuance Date
Preface	Preface to Financial Reporting Standards		11 Dec 2007
Preface	Preface to Financial Reporting Standards		24 Jun 2011
Framework	Framework for the Preparation and Presentation of Financial Statements		11 Dec 2007
Framework	Framework for the Preparation and Presentation of Financial Statements		24 Jun 2011
Framework	The Conceptual Framework for Financial Reporting 2010 (Chapters 1 and 3)	01 Mar 2011	23 Feb 2011
FRS 1	Presentation of Financial Statements	01 Jan 2005	06 Sep 2004
FRS 1	Presentation of Financial Statements	01 Jan 2006	01 Jun 2005
FRS 1	Presentation of Financial Statements Amendments relating to capital disclosures (issued Jan 2006) – for reference	01 Jan 2007	06 Jan 2006
FRS 1	Presentation of Financial Statements	01 Jan 2009	20 Jul 2007
FRS 1	Presentation of Financial Statements	01 Jan 2009	28 Mar 2008
FRS 1	Amendments to FRS 32 Financial Instruments: Presentation and FRS 1 Presentation of Financial Statements - Puttable Financial Instruments and Obligations Arising on Liquidation	01 Jan 2009	22 Aug 2008
FRS 1	Amendments to FRS 1 – Presentation of Items of Other Comprehensive Income	01 Jul 2012	20 Sep 2011
FRS 2	Inventories	01 Jan 2005	11 Feb 2005
FRS 2	Inventories	01 Jan 2009	22 Feb 2007
FRS 7	Cash Flow Statements	01 Jan 2005	07 Jul 2004
FRS 7	Cash Flow Statements	01 Jan 2009	20 Jul 2007
FRS 8	Accounting Policies, Changes in Accounting Estimates and Errors	01 Jan 2005	06 Sep 2004
FRS 8	Accounting Policies, Changes in Accounting Estimates and Errors	01 Jan 2009	20 Jul 2007
FRS 10	Events after the Balance Sheet Date	01 Jan 2005	06 Sep 2004
FRS 10	Events after the Balance Sheet Date	01 Jan 2007	06 Jan 2006
FRS 11	Construction Contracts	01 Jan 2005	07 Jul 2004
FRS 11	Construction Contracts	01 Jan 2009	20 Jul 2007
FRS 12	Income Taxes	01 Jan 2005	06 Sep 2004
FRS 12	Income Taxes	01 Jan 2007	06 Jan 2006
FRS 12	Amendments to FRS 12 Deferred Tax: Recovery of Underlying Assets	01 Jan 2012	23 Feb 2011
FRS 14	Segment Reporting (superseded by FRS 108 from 1 Jan 2009)	01 Jan 2005	06 Sep 2004
FRS 14	Segment Reporting (superseded by FRS 108 from 1 Jan 2009)	01 Jan 2007	06 Jan 2006
FRS 16	Property, Plant and Equipment	01 Jan 2005	06 Sep 2004
FRS 16	Property, Plant and Equipment	01 Jan 2006	18 Aug 2005
FRS 16	Property, Plant and Equipment	01 Jan 2009	20 Jul 2007
FRS 17	Leases	01 Jan 2005	11 Feb 2005
FRS 17	Leases	01 Jan 2007	06 Jan 2006
FRS 18	Revenue	01 Jan 2005	16 Mar 2005
FRS 19	Employee Benefits	01 Jan 2005	06 Sep 2004
FRS 19	Employee Benefits Amendments relating to actuarial gains and losses, group plans and disclosures (issued Jun 2005) – for reference	01 Jan 2006	01 Jun 2005
FRS 19	Employee Benefits	01 Jan 2007	06 Jan 2006
FRS 19	Employee Benefits	01 Jan 2009	22 Feb 2007
FRS 19	Employee Benefits	01 Jan 2013	20 Sep 2011
FRS 20	Accounting for Government Grants and Disclosure of Government Assistance	01 Jan 2005	07 Jul 2004
FRS 21	The Effects of Changes in Foreign Exchange Rates	01 Jan 2005	11 Feb 2005
FRS 21	The Effects of Changes in Foreign Exchange Rates Amendments relating to net investment in a foreign operation (issued Jan 2006) – for reference	01 Jan 2006	25 Jan 2006
FRS 23	Borrowing Costs	01 Jan 2005	07 Jul 2004
FRS 23	Borrowing Costs	01 Jan 2009	20 Jul 2007
FRS 24	Related Party Disclosures	01 Jan 2005	07 Jul 2004
FRS 24	Related Party Disclosures	01 Jan 2006	01 Jun 2005
FRS 24	Related Party Disclosures	01 Jan 2011	22 Jan 2010
FRS 25	Accounting for Investments (superseded by FRS 40 from 1 Jan 2007)	01 Jan 2005	16 Mar 2005
FRS 26	Accounting and Reporting by Retirement Benefit Plans	01 Jan 2005	07 Jul 2004
FRS 27	Consolidated and Separate Financial Statements	01 Jan 2005	16 Mar 2005
FRS 27	Consolidated and Separate Financial Statements	01 Jan 2009	22 Feb 2007
FRS 27	Amendments to FRS 101 First-time Adoption of Financial Reporting Standards and FRS 27 Consolidated and Separate Financial Statements - Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate	01 Jan 2009	09 Oct 2008
FRS 27	Consolidated and Separate Financial Statements (superseded by FRS 27 (as amended in 2011) and FRS 110 from 1 Jan 2014)	01 Jul 2009	22 Jun 2009
FRS 27	Separate Financial Statements	01 Jan 2013	20 Sep 2011
FRS 27	Separate Financial Statements	01 Jan 2014	31 Aug 2012
FRS 28	Investments in Associates	01 Jan 2005	06 Sep 2004
FRS 28	Investments in Associates and Joint Ventures	01 Jan 2014	31 Aug 2012
FRS 29	Financial Reporting in Hyperinflationary Economies	01 Jan 2005	07 Jul 2004
FRS 31	Interests in Joint Ventures (superseded by FRS 111 from 1 Jan 2014)	01 Jan 2005	06 Sep 2004
FRS 32	Financial Instruments: Disclosure and Presentation	01 Jan 2005	06 Sep 2004
FRS 32	Financial Instruments: Disclosure and Presentation	01 Jan 2006	06 Jan 2006
FRS 32	Financial Instruments: Presentation	01 Jan 2007	06 Jan 2006
FRS 32	Amendments to FRS 32 Financial Instruments: Presentation and FRS 1 Presentation of Financial Statements - Puttable Financial Instruments and Obligations Arising on Liquidation	01 Jan 2009	22 Aug 2008
FRS 32	Classification of Rights Issues (Amendment to FRS 32)	01 Feb 2010	18 Nov 2009
FRS 32	Amendments to FRS 32: Offsetting Financial Assets and Financial Liabilities	01 Jan 2014	26 Mar 2012
FRS 33	Earnings per Share	01 Jan 2005	06 Sep 2004
FRS 33	Earnings per Share	01 Jan 2007	06 Jan 2006
FRS 33	Earnings per Share	01 Jan 2009	22 Feb 2007
FRS 34	Interim Financial Reporting	01 Jan 2005	26 Sep 2005
FRS 34	Interim Financial Reporting	01 Jan 2009	22 Feb 2007
FRS 36	Impairment of Assets	01 Jul 2004	06 Sep 2004
FRS 36	Impairment of Assets	01 Jan 2009	22 Feb 2007
FRS 37	Provisions, Contingent Liabilities and Contingent Assets	01 Jan 2005	06 Sep 2004
FRS 37	Provisions, Contingent Liabilities and Contingent Assets	01 Jan 2006	06 Jan 2006
FRS 38	Intangible Assets	01 Jul 2004	01 Jul 2004
FRS 38	Intangible Assets	01 Jan 2006	18 Aug 2005
FRS 38	Intangible Assets	01 Jan 2009	20 Jul 2007
FRS 39	Financial Instruments: Recognition and Measurement Amendments relating to transition and initial recognition of financial assets and financial liabilities (issued Mar 2005) - for reference	01 Jan 2005	16 Mar 2005
FRS 39	Financial Instruments: Recognition and Measurement Amendments relating to cash flow hedge accounting of forecast intragroup transactions (issued Sep 2005) – for reference Amendments relating to the fair value option (issued Jan 2006) – for reference Amendments relating to financial guarantee contracts (issued Jan 2006) – for reference	01 Jan 2006	06 Jan 2006
FRS 39	Financial Instruments: Recognition and Measurement	01 Jan 2007	06 Jan 2006
FRS 39	Amendments to FRS 39 Financial Instruments: Recognition and Measurement and FRS 107 Financial Instruments: Disclosures - Reclassification of Financial Assets	01 Jul 2008	30 Oct 2008
FRS 39	Amendments to FRS 39 Financial Instruments: Recognition and Measurement - Eligible Hedged Items	01 Jul 2009	11 Dec 2008
FRS 39	Amendments to FRS 39 Financial Instruments: Recognition and Measurement and FRS 107 Financial Instruments: Disclosures - Reclassification of Financial Assets - Effective Date and Transtion	01 Jul 2008	20 Jan 2009
FRS 39	Amendments to INT FRS 109 and FRS 39 - Embedded Derivatives	30 Jun 2009	23 Apr 2009
FRS 39	Implementation Guidance	01 Jan 2005	18 Aug 2005
FRS 39	Implementation Guidance	01 Jan 2007	06 Jan 2006
FRS 39	Illustrative Examples	01 Jan 2005	18 Aug 2005
FRS 40	Investment Property	01 Jan 2007	16 Mar 2005
FRS 41	Agriculture	01 Jan 2005	06 Sep 2004
FRS 101	First-time Adoption of Financial Reporting Standards	01 Jan 2005	16 Mar 2005
FRS 101	First-time Adoption of Financial Reporting Standards Amendments relating to comparative disclosures for FRS 106 Exploration for and Evaluation of Mineral Resources (issued Jan 2006) – for reference	01 Jan 2006	06 Jan 2006
FRS 101	First-time Adoption of Financial Reporting Standards	01 Jan 2007	06 Jan 2006
FRS 101	First-time Adoption of Financial Reporting Standards	01 Jan 2008	22 Feb 2007
FRS 101	First-time Adoption of Financial Reporting Standards	01 Jan 2009	20 Jul 2007
FRS 101	Amendments to FRS 101 First-time Adoption of Financial Reporting Standards and FRS 27 Consolidated and Separate Financial Statements - Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate	01 Jan 2009	09 Oct 2008
FRS 101	First-Time Adoption of Financial Reporting Standards	01 Jul 2009	22 Jun 2009
FRS 101	Implementation Guidance	01 Jan 2005	16 Mar 2005
FRS 101	Implementation Guidance	01 Jan 2006	06 Jan 2006
FRS 101	Implementation Guidance	01 Jan 2007	06 Jan 2006
FRS 101	Implementation Guidance	01 Jan 2009	20 Jul 2007
FRS 101	Additional Exemptions for First-time Adopters (Amendments to FRS 101)	01 Jan 2010	20 Oct 2009
FRS 101	Limited Exemption from Comparative FRS 107 Disclosures for First-time Adopters (Amendment to FRS 101)	01 Jul 2010	08 Apr 2010
FRS 101	Amendments to FRS 101 Severe Hyperinflation and Removal of Fixed Dates for First-time Adopters	01 Jul 2011	17 Mar 2011
FRS 101	Amendments to FRS 101 – Government Loans	01 Jan 2013	21 Aug 2012
FRS 102	Share-based Payment	01 Jan 2005	06 Sep 2004
FRS 102	Share-based Payment	01 Jan 2007	06 Jan 2006
FRS 102	Amendments relating to vesting conditions and cancellations	01 Jan 2009	03 Jul 2008
FRS 102	Implementation Guidance	01 Jan 2005	06 Sep 2004
FRS 102	Group Cash-settled Share-based Payment Transactions (Amendments to FRS 102)	01 Jan 2010	20 Oct 2009
FRS 103	Business Combinations	01 Jul 2004	06 Sep 2004
FRS 103	Business Combinations	01 Jan 2007	06 Jan 2006
FRS 103	Business Combinations	01 Jul 2009	22 Jun 2009
FRS 103	Illustrative Examples	01 Jul 2004	06 Sep 2004
FRS 103	Illustrative Examples	01 Jul 2009	17 Jan 2012
FRS 104	Insurance Contracts	01 Jan 2005	06 Sep 2004
FRS 104	Insurance Contracts	01 Jan 2006	06 Jan 2006
FRS 104	Insurance Contracts	01 Jan 2007	06 Jan 2006
FRS 104	Implementation Guidance	01 Jan 2005	06 Sep 2004
FRS 104	Implementation Guidance	01 Jan 2006	06 Jan 2006
FRS 104	Implementation Guidance Revisions relating to FRS 107 Financial Instruments: Disclosures (issued Jan 2006) – for reference	01 Jan 2007	25 Jan 2006
FRS 104	Implementation Guidance	01 Jan 2009	22 Feb 2007
FRS 105	Non-current Assets Held for Sale and Discontinued Operations	01 Jan 2005	06 Sep 2004
FRS 105	Non-current Assets Held for Sale and Discontinued Operations	01 Jan 2009	22 Feb 2007
FRS 105	Implementation Guidance	01 Jan 2005	06 Sep 2004
FRS 106	Exploration for and Evaluation of Mineral Resources	01 Jan 2006	18 Aug 2005
FRS 106	Exploration for and Evaluation of Mineral Resources	01 Jan 2009	22 Feb 2007
FRS 107	Financial Instruments: Disclosures	01 Jan 2007	06 Jan 2006
FRS 107	Amendments to FRS 39 Financial Instruments: Recognition and Measurement and FRS 107 Financial Instruments: Disclosures - Reclassification of Financial Assets	01 Jul 2008	30 Oct 2008
FRS 107	Effective Date and Transition - Amendments to FRS 39 Financial Instruments: Recognition and Measurement and FRS 107 Financial Instruments: Disclosures - Reclassification of Financial Assets	01 Jul 2008	20 Jan 2009
FRS 107	Amendments to FRS 107 Financial Instruments: Disclosures - Improving Disclosures about Financial Instruments	01 Jan 2009	08 Apr 2009
FRS 107	Implementation Guidance	01 Jan 2009	08 Apr 2009
FRS 107	Amendments to FRS 107: Disclosures – Transfers of Financial Assets	01 Jul 2011	23 Feb 2011
FRS 107	Amendments to FRS 107: Disclosures - Offsetting Financial Assets and Financial Liabilities	01 Jan 2013	26 Mar 2012
FRS 108	Operating Segments	01 Jan 2009	22 Feb 2007
FRS 108	Implementation Guidance	01 Jan 2009	22 Feb 2007
FRS 110	Consolidated Financial Statements	01 Jan 2013	20 Sep 2011
FRS 110	Amendments to FRS 110 Consolidated Financial Statements, FRS 111 Joint Arrangements, FRS 112 Disclosure of Interests in Other Entities, FRS 27 Separate Financial Statements and FRS 28 Investments in Associates and Joint Ventures: Mandatory Effective Date	-	31 Aug 2012
FRS 110	Consolidated Financial Statements	01 Jan 2014	31 Aug 2012
FRS 110	Amendments to FRS 110, FRS 111 and FRS 112: Consolidated Financial Statements, Joint Arrangements and Disclosure of Interests in Other Entities: Transition Guidance	01 Jan 2014	06 Sep 2012
FRS 111	Joint Arrangements	01 Jan 2013	20 Sep 2011
FRS 111	Illustrative Examples	01 Jan 2013	20 Sep 2011
FRS 111	Joint Arrangements	01 Jan 2014	31 Aug 2012
FRS 112	Disclosure of Interests in Other Entities	01 Jan 2013	20 Sep 2011
FRS 112	Disclosure of Interests in Other Entities	01 Jan 2014	31 Aug 2012
FRS 113	Fair Value Measurement	01 Jan 2013	20 Sep 2011
FRS 113	Illustrative Examples	01 Jan 2013	20 Sep 2011
Various	Improvements to FRSs	Refer to Document	14 Oct 2008
Various	Improvements to FRSs 2009	Refer to Document	22 Jun 2009
Various	Improvements to FRSs 2010	Refer to Document	07 Oct 2010
Various	Improvements to FRSs 2012	01 Jan 2013	16 Aug 2012

Standard	Title	Effective date	Issuance Date
Preface	Preface to Interpretations of Financial Reporting Standards		11 Dec 2007
Preface	Preface to Interpretations of Financial Reporting Standards		24 Jun 2011
INT FRS 7	Introduction of the Euro	01 Feb 2003	07 Jul 2004
INT FRS 10	Government Assistance – No Specific Relation to Operating Activities	01 Feb 2003	30 Jan 2003
INT FRS 12	Consolidation – Special Purpose Entities Amendment to scope of INT FRS 12 (issued Mar 2005) – for reference (superseded by FRS 110 from 1 Jan 2014)	01 Feb 2003	16 Mar 2005
INT FRS 13	Jointly Controlled Entities – Non-Monetary Contributions by Venturers	01 Feb 2003	07 Jul 2004
INT FRS 15	Operating Leases – Incentives	01 Feb 2003	07 Jul 2004
INT FRS 21	Income Taxes – Recovery of Revalued Non-Depreciable Assets (superseded by Amendments to FRS 12 Deferred Tax: Recovery of Underlying Assets from 1 Jan 2012)	01 Feb 2003	29 Oct 2004
INT FRS 25	Income Taxes – Changes in the Tax Status of an Enterprise or its Shareholders	01 Feb 2003	29 Oct 2004
INT FRS 27	Evaluating the Substance of Transactions Involving the Legal Form of a Lease	01 Feb 2003	29 Oct 2004
INT FRS 29	Disclosure – Service Concession Arrangements	01 Feb 2003	07 Jul 2004
INT FRS 29	Disclosure – Service Concession Arrangements	01 Jan 2008	22 Feb 2007
INT FRS 31	Revenue – Barter Transactions Involving Advertising Services	01 Feb 2003	29 Oct 2004
INT FRS 32	Intangible Assets – Web Site Costs	01 Feb 2003	07 Jul 2004
INT FRS 101	Changes in Existing Decommissioning, Restoration and Similar Liabilities	01 Sep 2004	31 Aug 2004
INT FRS 101	Changes in Existing Decommissioning, Restoration and Similar Liabilities	01 Jan 2009	16 Jul 2007
INT FRS 104	Determining whether an Arrangement contains a Lease	01 Jan 2006	01 Jun 2005
INT FRS 104	Determining whether an Arrangement contains a Lease	01 Jan 2008	22 Feb 2007
INT FRS 105	Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds	01 Jan 2006	01 Jun 2005
INT FRS 105	Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds	01 Jan 2007	06 Jan 2006
INT FRS 106	Liabilities arising from Participating in a Specific Market – Waste Electrical and Electronic Equipment	01 Dec 2005	06 Jan 2006
INT FRS 107	Applying the Restatement Approach under FRS 29 Financial Reporting in Hyperinflationary Economies	01 Mar 2006	25 Jan 2006
INT FRS 108	Scope of FRS 102 [Superseded by Group Cash-settled Share-based Payment Transactions (Amendments to FRS 102) from 1 Jan 2010]	01 May 2006	01 May 2006
INT FRS 109	Reassessment of Embedded Derivatives	01 Jun 2006	07 Jun 2006
INT FRS 109	Amendments to INT FRS 109 and FRS 39 - Embedded Derivatives	30 Jun 2009	23 Apr 2009
INT FRS 110	Interim Financial Reporting and Impairment	01 Nov 2006	27 Oct 2006
INT FRS 111	FRS 102 – Group and Treasury Share Transactions (superseded by Group Cash-settled Share-based Payment Transactions (Amendments to FRS 102) from 1 Jan 2010)	01 Mar 2007	22 Feb 2007
INT FRS 112	Service Concession Arrangements	01 Jan 2008	22 Feb 2007
INT FRS 112	Service Concession Arrangements	01 Jan 2009	16 Jul 2007
INT FRS 113	Customer Loyalty Programmes	01 Jul 2008	28 Mar 2008
INT FRS 114	FRS 19 - The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction	01 Jan 2008	28 Mar 2008
INT FRS 114	Prepayments of a Minimum Funding Requirement (Amendments to INT FRS 114)	01 Jan 2011	22 Jan 2010
INT FRS 115	Agreements for the Construction of Real Estate Accompanying Note [INT FRS 115 is to be read together with the Accompanying Note] [ICPAS RAP 11 Pre-Completion Contracts for the Sale of Development Property will cease to have effect after INT FRS 115 becomes effective from 1 Jan 2011]	01 Jan 2011	26 Aug 2010
INT FRS 116	Hedges of a Net Investment in a Foreign Operation	01 Oct 2008	22 Sep 2008
INT FRS 117	Distributions of Non-cash Assets to Owners	01 Jul 2009	20 Jan 2009
INT FRS 118	Transfers of Assets from Customers	01 Jul 2009	08 Apr 2009
INT FRS 119	Extinguishing Financial Liabilities with Equity Instruments	01 Jul 2010	22 Jan 2010
INT FRS 120	Stripping Costs in the Production Phase of a Surface Mine	01 Jan 2013	09 Apr 2012

Issued before 2013

Financial Reporting Standards

Interpretations of Financial Reporting Standards