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...Ias inventories in april the international accounting standards board adopted which had originally been issued by committee december replaced valuation and presentation of context historical cost system october a revised as part its initial agenda technical projects also incorporated guidance contained related interpretation sic consistency different formulas for other have made minor consequential amendments to they include ifrs fair value measurement may financial instruments hedge november revenue from contracts with customers july leases january foundation contents paragraph standard objective scope definitions net realisable recognition an expense disclosure effective date withdrawal pronouncements appendix approval basis conclusions see c this edition is set out paragraphs all equal authority but retain iasc format when it was iasb should be read preface conceptual framework reporting policies changes estimates errors provides selecting applying absence explicit prescribe treatme...