Accounting Standards Quick Links
Purpose: Central reference for all accounting standards cited in the framework. Use these links when adding or reviewing standards references in documentation and code comments.
IFRS (International Financial Reporting Standards)
Core Standards
- IFRS 9 (Financial Instruments): https://www.ifrs.org/content/dam/ifrs/project/pir-ifrs-9/rfi2021-2-pir-ifrs9.pdf
- IFRS 10 (Consolidated Financial Statements): https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2025/issued/ifrs10.html
- IFRS 16 (Leases): https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2025/issued/ifrs16.html
- IFRS 2 (Share-based Payment):
https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2025/issued/ifrs2.html
- ¶10-29 (Equity-settled awards): APIC increase, compensation expense to P&L
- ¶30-33 (Cash-settled awards): Liability recognition, fair-value remeasurement
- ¶33E-33H (Tax withholding / net settlement): Equity deduction for shares withheld, no P&L impact
IAS Standards
- IAS 1 (Presentation of Financial Statements): https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2021/issued/ias1.html
- IAS 16 (Property, Plant and Equipment): https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2021/issued/ias16.html
- IAS 21 (The Effects of Changes in Foreign Exchange Rates): https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2021/issued/ias21.html
- IAS 29 (Financial Reporting in Hyperinflationary Economies): https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2021/issued/ias29.html
- IAS 32 (Financial Instruments: Presentation):
https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2024/issued/ias32.html
- ¶23 (Obligations to repurchase own shares): Liability recognition when an entity must or may repurchase its own shares for cash
- ¶33 (Treasury shares): Deduct from equity; no gain/loss on buy, sell, or cancellation
- IAS 33 (Earnings per Share):
https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2025/issued/ias33.html
- ¶45-48 (Treasury stock method): Dilutive effect of options and warrants
- ¶64-65 (Retrospective adjustments): Share splits, bonus issues, and comparatives
- Note: EPS mechanics change share counts, not total equity; continuity framework remains orthogonal
Conceptual Guidance
- IFRS Conceptual Framework (2024 Edition): https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2024/issued/cf.html
US GAAP (Accounting Standards Codification)
Balance Sheet, Equity, and Consolidation
- ASC 210 (Balance Sheet): https://www.iasplus.com/en-us/standards/usgaap/asc-210
- ASC 250 (Accounting Changes and Error Corrections): https://www.iasplus.com/en-us/standards/usgaap/asc-250
- ASC 321 (Investments – Equity Securities): https://www.iasplus.com/en-us/standards/usgaap/asc-321
- ASC 480 (Distinguishing Liabilities from Equity): https://www.iasplus.com/en-us/standards/usgaap/asc-480
- ASC 505 (Equity): https://www.iasplus.com/en-us/standards/usgaap/asc-505
- ASC 505-30 (Treasury Stock): https://www.iasplus.com/en-us/standards/usgaap/asc-505
- ASC 810 (Consolidation): https://www.iasplus.com/en-us/standards/usgaap/asc-810
- ASC 810-10-45-23 (NCI ownership changes): https://www.iasplus.com/en-us/standards/usgaap/asc-810
Revenue, Derivatives, and Leases
- ASC 606 (Revenue from Contracts with Customers): https://www.iasplus.com/en-us/standards/usgaap/asc-606
- ASC 815 (Derivatives and Hedging): https://www.iasplus.com/en-us/standards/usgaap/asc-815
- ASC 842 (Leases): https://www.iasplus.com/en-us/standards/usgaap/asc-842
Share-Based Compensation
- ASC 718 (Compensation – Stock Compensation): https://www.iasplus.com/en-us/standards/usgaap/asc-718
Earnings Per Share
- ASC 260 (Earnings Per Share):
https://asc.fasb.org/260
- ASC 260-10-45-23 (Treasury stock method): Assumes proceeds are used to repurchase shares at average market price
- ASC 260-10-45-28 (Contingently issuable shares): Inclusion thresholds for diluted EPS
Derivatives and Own-Equity Contracts
- ASC 815-40 (Derivatives and Hedging — Contracts in
Entity’s Own Equity): https://www.iasplus.com/en-us/standards/usgaap/asc-815-40
- ASC 815-40-15 (Scope): Indexation and settlement conditions for equity classification
- ASC 815-40-25 (Recognition): Equity vs. asset/liability classification tests for ASRs, written puts, and forwards
Practitioner Guides
PwC Viewpoint
- Treasury Stock: https://viewpoint.pwc.com/dt/us/en/pwc/accounting_guides/financial_statement_/financial_statement___18_US/chapter_5_stockholde_US/59_treasury_stock_US.html
- Consolidation: https://viewpoint.pwc.com/dt/us/en/pwc/accounting_guides/consolidation_and_eq/consolidation_and_eq_US.html
Deloitte DART
- Consolidation Roadmap: https://dart.deloitte.com/USDART/home/publications/deloitte/on-the-radar/consolidation
- Share Repurchases: https://dart.deloitte.com/USDART/home/codification/liabilities/asc480-10/roadmap-distinguishing-liabilities-from-equity/chapter-10-equity-transactions-disclosures/10-4-repurchases-reissuances-retirements-common
Usage in Framework
| Standard | Cited In Module | Purpose |
|---|---|---|
| IAS 32¶23 | src/validation/written_put_accounting.py |
Liability recognition for written puts and forward purchase obligations on own shares |
| IAS 32¶33 | src/validation/own_share_accounting.py |
Treasury stock equity deduction and retirement method neutrality |
| IAS 33 | src/validation/eps_neutrality.py |
Demonstrate EPS dilution is orthogonal to equity conservation |
| ASC 260 | src/validation/eps_neutrality.py |
US GAAP treasury stock method and contingently issuable share logic |
| IFRS 2¶33E-33H | src/validation/own_share_accounting.py |
Net share settlement and minimum statutory withholding classification |
| ASC 815-40 | src/validation/own_share_accounting.py |
ASR and own-equity derivative classification tests |
| IFRS 10¶23 | src/validation/nci_validation.py,
src/core/reynolds_transport.py |
NCI transactions without loss of control remain within equity |
| IAS 21 | src/core/reynolds_transport.py |
FX translation captured as boundary flux in discrete RTT |
| IAS 29 | src/core/reynolds_transport.py |
Hyperinflation restatement and capital maintenance adjustments |
| IFRS 9.5.7.5 | src/core/rtt_reclassifications.py |
FVOCI equity recycling and conservation alignment |
When citing standards in documentation:
Per IFRS 10, changes in ownership without loss of control are equity transactions.
In Markdown:
Per [IFRS 10](https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2025/issued/ifrs10.html), changes in ownership without loss of control are equity transactions.Quick Access: Bookmark this page or keep it open while editing documentation to ensure standards references remain consistent and clickable.