IAS and IFRSForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › IAS and IFRSThis topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts December 14, 2016 at 12:50 pm #363657 rameezaParticipantTopics: 46Replies: 30☆☆Sir, Can you explain this statement? “If any IAS is replaced, it will be superseded by an IFRS” December 14, 2016 at 3:55 pm #363681 John MoffatKeymasterTopics: 56Replies: 53820☆☆☆☆☆They used to be called International Accounting Standards and that is still the name for old ones that still exist. The new name is International Financial Reporting Standards, and so any new ones (or replacements of old ones) are called IFRS’s.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In