The technical editors, Stephanie Kemp and Jeffrey Knapp, policy advisers at the Institute of Chartered Accountants Australia (ICAA), have ensured that this volume is up-to-date to reflect the latest developments with the Australian Accounting Standards, Guidance Statements and associated Commentaries.

This authoritative reference provides students and educators with the Standards in a clear and easy-to-read format. Updated to December 2004, this volume includes:

• An overview of the extensive developments in accounting as a result of the introduction of International Financial Reporting Standards (IFRS)
• All new, revised and current Australian Accounting Standards
• All new, revised and current Accounting Guidance Statements
• Commentary Notes on new and revised Standards and Guidance Statements
• Miscellaneous Professional Statements
• Joint Code of Professional Conduct

The Accounting Handbook 2005 is available in print and CD versions.