Practical Law UK Glossary 6-107-6722 (Approx. 4 pages)
Glossary
International accounting standards (IAS)
This term has different meanings, depending on the context:
Accounting standards that were issued by the International Accounting Standards Committee (IASC) before April 2001. The IASC’s standard setting role was passed to the International Accounting Standards Board (IASB) in 2001 and new standards issued by that body are called International Financial Reporting Standards. Existing IASs, which were adopted and reissued by the IASB are still known as IASs.