STATUS
OF SRI LANKA ACCOUNTING STANDARDS IN RELATION TO INTERNATIONAL ACCOUNTING
STANDARDS |
| NUMBER |
NAME
OF THE STANDARD |
EFFECTIVE
DATE |
RELEVANT
SLAS |
EFFECTIVE
DATE |
| IAS 1 |
Presentation of Financial Statements |
1/1/2005 |
SLAS 3 |
1/1/2006 |
| IAS 1 [R1] |
Presentation of Financial Statements (Revision 2006) |
1/1/2006 |
NOT ADOPTED |
- |
| IAS 1 [R2] |
Presentation of Financial Statements (Revision 2007) |
1/1/2007 |
NOT ADOPTED |
- |
| IAS 2 |
Inventories |
1/1/2005 |
SLAS 5 |
1/1/2006 |
| IAS 7 |
Cash Flow Statements |
1/1/1994 |
SLAS 9 |
1/1/1996 |
| IAS 8 |
Accounting Policies, Changes in Accounting Estimates and Errors |
1/1/2005 |
SLAS 10 |
1/1/2006 |
| IAS 10 |
Events after the Balance Sheet Date |
1/1/2005 |
SLAS 12 |
1/1/2006 |
| IAS 11 |
Construction Contracts |
1/1/1995 |
SLAS 13 |
1/1/1996 |
| IAS 12 |
Income Taxes |
1/1/2001 |
SLAS 14 |
1/1/2006 |
| IAS 14 |
Segment Reporting |
WITHDRAWN |
SLAS 28 |
4/1/2000 |
| IAS 16 |
Property, Plant and Equipment |
1/1/2005 |
SLAS 18 |
1/1/2006 |
| IAS 17 |
Leases |
1/1/2005 |
SLAS 19 |
1/1/2006 |
| IAS 18 |
Revenue |
1/1/1995 |
SLAS 29 |
1/1/1996 |
| IAS 19[R] |
Employee Benefits |
1/1/1999 |
SLAS 16 |
1/7/2007 |
| IAS20 |
Accounting for Government Grants and Disclosure of Government Assistance |
1/1/1984 |
SLAS 24 |
4/1/1991 |
| IAS 21 |
The Effects of Changes in Foreign Exchange Rates |
1/1/2005 |
SLAS 21 |
1/1/2006 |
| IAS 21 [R] |
The Effects of Changes in Foreign Exchange Rates (Revision 2006) |
1/1/2006 |
NOT ADOPTED |
- |
| IAS 23 |
Borrowing Costs |
1/1/1995 |
SLAS 20 |
1/1/1996 |
| IAS 24 |
Related Party Disclosures |
1/1/2005 |
SLAS 30 |
1/1/2006 |
| IAS 25 |
Accounting For Investments |
WITHDRAWN |
SLAS 22 |
4/1/1991 |
| IAS 26 |
Accounting and Reporting by Retirement Benefit Plans |
1/1/1988 |
SLAS 42 |
1/1/2006 |
| IAS 27 |
Consolidated and Separate Financial Statements |
1/1/2005 |
SLAS 26 |
1/1/2006 |
| IAS 28 |
Investments in Associates |
1/1/2005 |
SLAS 27 |
1/1/2006 |
| IAS 29 |
Financial Reporting in Hyperinflationary Economies |
1/1/1990 |
NOT ADOPTED |
- |
| IAS 30 |
Revenue Recognition and Disclosures in the Financial Statements of Banks & Similar Financial Institutions |
WITHDRAWN |
SLAS 23
SLAS 33 |
4/1/1992
4/1/1995 |
| IAS 31 |
Interests in Joint Ventures |
1/1/2005 |
SLAS 31 |
1/1/2006 |
| IAS 32 |
Financial Instruments:Presentation |
1/1/2005 |
NOT ADOPTED |
- |
| IAS 33 |
Earnings per Share |
1/1/2005 |
SLAS 34 |
1/1/2006 |
| IAS 34 |
Interim Financial Reporting |
1/1/1999 |
SLAS 35 |
1/1/2002 |
| IAS 36 |
Impairment of Assets |
3/31/2004 |
SLAS 41 |
4/1/2005 |
| IAS 37 |
Provisions, Contingent Liabilities and Contingent Assets |
7/1/1999 |
SLAS 36 |
4/1/2002 |
| IAS 38 |
Intangible Assets |
7/1/1999 |
SLAS 37 |
1/1/2003 |
| IAS 38 [R] |
Intangible Assets (Revision 2004) |
3/31/2004 |
NOT ADOPTED |
- |
| IAS 39 |
Financial Instruments:Recognition and Measurement |
1/1/2005 |
NOT ADOPTED |
- |
| IAS 40 |
Investment Property |
1/1/2005 |
SLAS 40 |
1/1/2006 |
| IAS 41 |
Agriculture |
1/1/2003 |
NOT ADOPTED |
- |
| |
Plantations |
- |
SLAS 32 |
1/1/1994 |
