KPMG’s ISG recently released two publications in PDF format to help entities prepare financial statements under IFRS:
- Guide to Annual Financial Statements – Illustrative Disclosures for Investment Funds
- Guide to Annual Financial Statements – Illustrative Disclosures for Banks
These publications illustrate one possible format for financial statements based on a fictitious investment fund and a fictitious bank, respectively, that apply IFRS, and contain example disclosures that may be required.
These Guides reflect IFRS that are effective at December 1, 2014 and that are required to be applied by an entity that applies IFRS to an annual period beginning on or after January 1, 2014. The Guides do not illustrate early adoption of IFRS that are effective for periods beginning after January 1, 2014.