BAS No.

BAS Title
Presentation of Financial
Statements
2
Inventories
7
Statement of Cash Flows
Accounting Policies, Changes
8
in Accounting Estimates and
Errors
Events after the Reporting
10
Period
11 Construction Contracts
12 Income Taxes
16 Property, Plant & Equipment
17 Leases
18 Revenue
19 Employee Benefits
Accounting of Government
20 Grants and Disclosure of
Government Assistance
The Effects of Changes in
21
Foreign Exchange Rates
23 Borrowing Costs
24 Related Party Disclosures
Accounting and Reporting by
26
Retirement Benefit Plans
27 Separate Financial Statemens
Investments in Associates and
28
Joint Ventures
Financial Reporting in
IAS 29
Hyperinflationary Economics
31 Interest in Joint Ventures
Financial Instruments:
32
Presentation
33 Earnings per Share
34 Interim Financial Reporting
36 Impairment of Assets
Provisions, Contingent
37 Liabilities and Contingent
Assets
38 Intangible Assets
Financial Instruments:
39
Recognition and Measurement
40 Investment Property
41 Agriculture
1

BAS Effective Date

on or after 1 Jan 2010
on or after 1 January 2007
on or after 1 January 1999
on or after 1 January 2007
on or after 1 January 1999
on or after 1 January 1999
on or after 1 January 1999
on or after 1 January 2007
on or after 1 January 2007
on or after 1 January 2007
on or after 1 January 2013
on or after 1 January 1999
on or after 1 January 2007
on or after 1 January 2010
on or after 1 January 2007
on or after 1 January 2007
on or after 1 January 2013
on or after 1 January 2013
on or after 1 January 2015
on or after 1 January 2007
on or after 1 January 2010
on or after 1 January 2007
on or after 1 January 1999
on or after 1st January 2005
on or after 1 January 2007
on or after 1 January 2005
on or after 1 January 2010
on or after 1 January 2007
on or after 1 January 2007

Remarks

Adoptation Status of International Financial Reporting Standards (IFRS) by ICAB as

Bangladesh Financial Reporting Standards (BFRS) as on 1 January 2013.
IFRS /
BFRS

Title

First-time adoption of International financial

Reporting Standards
BFRS 2 Share-based Payment
BFRS 3 Business Combinations
BFRS 4 Insurance Contracts
Non-current Assets Held for Sale and
BFRS 5
Discontinued Operations
Exploration for and Evaluation of Mineral
BFRS 6
Resources
BFRS 7 Financial Instruments: Disclosures
BFRS 8 Operating Segments
BFRS 1

IFRS 9 Financial Instruments

BFRS
10
BFRS
11
BFRS
12
BFRS
13

Effective Date on or after

1 January 2009
1 January 2007
1 January 2010
1 January 2010
1 January 2007
1 January 2007
1 January 2010
1 January 2010
NA (Not yet adopted but under review
process)

Consolidated Financial Statements

1 January 2013

Joint Arrangements

1 January 2013

Disclosure of Interests in other Entities

1 January 2013

Fair Value Measurement

1 January 2013