The Arabic version of the International Financial Reporting Standards (IFRS) 2009” includes changes made since 2008 which were incorporated in this edition of the IFRS volume.

Basic changes contained in this edition are summarized as follows:-

A revised version of IFRS 1 "First-time Adoption of International Financial Reporting Standards". The revised IFRS 1 is required to be applied from July 1, 2009. Earlier application is permitted.
Amendments to IFRSs that were issued as separate documents.
Amendments to IFRSs issued in the first annual improvements project.
Amendments to other IFRSs resulting from those revised or amended standards.
Three new interpretations for the International Financial Reporting Interpretations Committee (IFRICs) 15–17.
IFRIC 15 "Agreements for the Construction of Real Estate"
IFRIC 16 "Hedges of a Net Investment in a Foreign Operation"
IFRIC 17 "Distributions of Non-cash Assets to Owners"