The 2015 International Financial Reporting Standards, IFRS, (Red book) is the only official printed edition of the consolidated text of the IASB's authoritative pronouncements as issued at 1 January 2015. This edition includes amendments to IFRSs that have an effective date after 1 January 2015. It does not contain documents that are being replaced or superseded but remain applicable if the reporting entity chooses not to adopt the newer versions early. This RED book edition is presented in two parts: Part A (the Conceptual Framework and requirements) contains the latest version of IFRSs, IASs and IFRIC and SIC Interpretations; Part B contains the accompanying documents, such as Illustrative Examples, Implementation Guidance, bases for conclusions and dissenting opinions