IFRS Accounting Standards
IFRS Accounting Standards are financial reporting requirements issued by the IASB and include standards labelled IFRS and still-applicable IAS, together with relevant interpretations. They govern recognition, measurement, presentation and disclosure. They are distinct from IFRS Sustainability Disclosure Standards issued by the ISSB. Examination scope depends on ACCA’s official examinable documents and study guide, not every requirement in the full standards collection.
Worked example
IAS 2 and IFRS 15 are both part of IFRS Accounting Standards despite using different prefixes in their titles.
Common mistake
Do not assume every IFRS Accounting Standard is examinable in FA, or that the Conceptual Framework overrides a specific standard.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | F1 | Supporting | July 2027–August 2028 |
| ACCA | FA | Direct | September 2026–June 2027 |
| ACCA | K1 | Direct | July 2027–August 2028 |
| CIMA | BA3 | Direct | Official assessment-window verification pending |
| FIA | FFA | Direct | September 2026–June 2027 |
Related terms
Also called: IFRSs, International Financial Reporting Standards