United States

Guide to Annual Financial Statements – Illustrative Disclosures for Investment Funds

Jan 11, 2016
From the Financial Reporting View and the IFRS Institute

KPMG’s ISG recently released Guide to Annual Financial Statements – Illustrative Disclosures for Investment Funds in PDF format to help investment funds or similar financial institutions prepare financial statements under IFRS. The Guide illustrates one possible format for financial statements based on a fictitious investment fund that applies IFRS, and includes example disclosures that may be required based on a specific set of facts and circumstances.

The Guide reflects IFRS that were issued as of December 15, 2015 and that are required to be applied by an entity that applies IFRS and that has an annual period beginning on January 1, 2015. The Guide generally does not illustrate early adoption of IFRS that are effective for an annual period beginning after January 1, 2015.