Illustrative consolidated financial statements under IFRS

PWC Illustrative corporate consolidated financial statements 2009 (PDF) provides a realistic set of financial statements for a corporate entity, based on the requirements of IFRS standards and interpretations for financial years beginning on or after 1 January 2009. The entity is an existing preparer of IFRS consolidated financial statements.

The ‘PWC Illustrative’ series includes financial statements for fictional industry-specific entities:

  • Banking,
  • Insurance,
  • Investment funds,
  • Investment property, and
  • Private equity.

This series includes an illustrative set of financial statements for first-time adopters. ‘Preparing your first IFRS financial statements: Adopting IFRS‘ was written to help U.S. companies understand the process of selecting their new IFRS accounting policies and applying the guidance in IFRS 1 as they begin to prepare for their first IFRS financial statements.

Also in the series is Illustrative condensed interim financial information for existing IFRS preparers, a practical guide to applying IAS 34, ‘Interim financial reporting’, reflecting standards issued up to 31 March 2009. It provides an illustrative set of condensed interim financial information prepared in accordance with IAS 34 for a fictional manufacturing and retail group. It also contains a disclosure checklist and an overview of IAS 34.

We have also produced a set of illustrative financial statements prepared under IFRS for small and medium entities. IFRS for SMEs – Illustrative consolidated financial statements 2010 shows the required disclosure and presentation of a first-time adopter of the standard. Certain types of transaction that are not relevant to the group’s operations have been included in the appendices. This publication is based on the requirements of the IFRS for SMEs published in July 2009

Download a PWC publication in the series in PDF format:

References: PWC.com

ILLUSTRATIVE FINANCIAL STATEMENTS UNDER IFRS

Annual – First-time IFRS Adopters

Illustrative financial statements: First-time adopters – International Financial Reporting Standards – February 2010 (KPMG)

First-time adoption of IFRS – Example Consolidated Financial Statements 2009 – based on IFRSs at November 18, 2009 – Grant Thornton
Annual – Existing IFRS Preparers

General

Granthor Corporation Group – Example Interim Consolidated Financial Statements 2009 – based on IFRSs as at January 1, 2009. – Grant Thornton

Good Group (International) Limited International GAAP Illustrative financial statements December 31, 2009 – based on IFRSs at August 31, 2009 – Ernst & Young

Granthor Corporation Group – Example Consolidated Financial Statements December 31, 2009 – based on IFRSs at November 18, 2009 – Grant Thornton

Illustrative corporate consolidated financial statements 2009 – PwC Global

IFRS Illustrative financial statements – General (2009) – KPMG

IFRS model financial statements – International GAAP Holdings Limited 2009 – Deloitte

Interim – First-time IFRS Adopters - Condensed

Illustrative interim financial statements – first-time adoption in 2005 – KPMG

Interim – First-time IFRS Adopters - Complete

Illustrative Interim Consolidated Financial Statements 2005: For first-time adopters of IFRS – based on IFRSs at December 31, 2004 – PwC International
Interim – Existing IFRS Preparers - Condensed

Illustrative Condensed Interim Financial Statements – based on IFRSs at June 2009– KPMG

Illustrative Condensed Interim Financial Information for existing IFRS preparers June 30, 2009 – based on IFRSs at March 31, 2009 – PwC International

Good Group (International) Ltd. – Illustrative interim condensed consolidated financial statements based – based on IFRSs at 31 March 2009 – Ernst & Young

Refernce: CICA website