Generally Accepted Accounting Principles as of IAS IAS 1: Presentation of Financial Statements IAS 2: Inventories IAS 7: Statement of Cash Flows IAS 8: The Accounting Policies, Changes in Accounting Estimates and Errors IAS 10: Events after the Reporting Period IAS 11: Construction Contracts IAS 12: Income Taxes IAS 16: Property, Plant, and Equipment IAS 17: Leases IAS 18: Revenue IAS 19: Employee Benefits IAS 20: Accounting for Government grants and the Disclosure of Government Assistance IAS 21: Effects of the Changes in Foreign Exchange Rates IAS 23: Borrowing Costs