The 2004 Bound Volume consisting of the "2005 Stable Platform" - contains the official authoritative pronouncements issued by the IASB. This complete text features all International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), Interpretations and IASB-issued supporting documentation - Bases for Conclusions, Implementation Guidance and Illustrative Examples. The 2004 Bound Volume includes new International Financial Reporting Standards for: IFRS 1, First-time Adoption of International Financial Reporting Standards; IFRS 2, Share-based Payment; IFRS 3, Business Combinations; IFRS 4, Insurance Contracts; IFRS 5, Non-current Assets Held for Sale and Discontinued Operations. This volume also includes the latest revisions of and amendments to all International Accounting Standards as at 31 March 2004, including: Improvements to International Accounting Standards 2003; IAS 32 Financial Instruments: Disclosure and Presentation; IAS 36 Impairment of Assets and IAS 38 Intangible Assets; and IAS 39 Financial Instruments: Recognition and Measurement (including the amendment on Fair Value Hedge Accounting for a Portfolio Hedge of Interest Rate Risk). The volume also includes the IASB Framework for the Preparation and Presentation of Financial Statements, the Preface to International Financial Reporting Standards, an updated Glossary of Terms, and a new comprehensive Index.