The preparation of financial statements in accordance with
International Financial Reporting Standards (IFRS) is challenging.
Each year, new Standards and amendments are published by the
International Accounting Standards Board (IASB) with the potential
to significantly impact the presentation of a complete set of
financial statements.
We can help you with this challenge and are pleased to share our
insights by publishing
Example consolidated financial statements 2019 [ 692 kb
] (Example Financial Statements).
The Example Financial Statements are based on the activities and
results of Illustrative Corporation and subsidiaries - a fictional
consulting, service and retail entity that has been preparing IFRS
financial statements for several years. The form and content of
IFRS financial statements depend on the activities and transactions
of each reporting entity.