If you are preparing financial statements using IFRS or implementing IFRS for the first time, suggest you make use of the disclosure checklists that have been prepared by the Big 4 accounting firms. It should be OK to make use of any of the following presentation or the disclosure checklists, however, I would recommend the Deloitte’s checklist as it is in MS Word format.
- Deloitte – IFRS Presentation and Disclosure Checklist for 2009 (Word version)
- Deloitte – IFRS Presentation and Disclosure Checklist for 2009 (PDF version)
Canadian Versions (English and French)
Deloitte Canada has published Canadian versions of Deloitte’s 2009 IFRS Presentation and Disclosure Checklist. The Canadian versions difer from the global versions because they include ‘consideration points’ relating to key differences between Canadian GAAP and IFRSs that may be helpful for Canadian companies in assessing whether or not they meet the requirements of a specific IFRS. These considerations may also serve as a helpful reference source for Canadian companies on transition to IFRSs from Canadian GAAP. Also, the English version (.docm file) includes a built-in macro that allows users to select standards that are not applicable to them and exclude them automatically:
- 2009 IFRS Presentation and Disclosure Checklist – English (Macro Enabled) (ZIP of Word .docm file)
- 2009 IFRS Presentation and Disclosure Checklist – French (ZIP of Word .doc file)
(References Deloitte – IASplus.com)