The IFRS Foundation has announced that the ‘2016 IFRS Consolidated without early application’ will be published in December 2015. This volume (nicknamed the “Blue Book”) will contain all official pronouncements that are mandatory on 1 January 2016. It does not include IFRSs with an effective date after 1 January 2016. The Blue Book differs from the traditional Bound Volume (the “Red Book”), which includes all pronouncements issued at the publication date, including those that do not become mandatory until a future date.