IFRSNews: Example interim consolidated financial statements 2012

20 June 2012 | Category: IFRSNews, Publications


IFRS Example interim consolidated financial statements - Grant Thornton

The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) is challenging. The challenges have increased as a result of applying new Standards and Amendments published by the International Accounting Standards Board (IASB) that significantly impact both the presentation of the primary statements and the accompanying disclosures.

‘Example Interim Consolidated Financial Statements 2012’ reflects the collective experience of Grant Thornton International’s IFRS team and member firm IFRS experts, and is intended to illustrate the ‘look and feel’ of IFRS interim financial statements and to provide a realistic example of their presentation.

The publication reflects changes in IFRSs that are effective for the year ending 31 December 2012. This publication also reflects the early-adoption of ‘Presentation of items of other comprehensive income’ (Amendments to IAS 1) which is effective for annual periods beginning on or after 1 July 2012.

Download: Example Interim consolidated financial statements 2012


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Notes to editors
You may quote freely from this publication, provided you acknowledge the source. This publication is an outline for information purposes and should not be relied upon for detailed planning. Readers are advised to consult professional advisors for guidance relating to new or existing legislation which might affect their business and personal decisions.

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