Example financial statements

The IFRS team at Grant Thornton International produces example financial statements to illustrate the application of the presentation and disclosure requirements of New Zealand equivalents of International Financial Reporting Standards (NZ IFRS) which are consistent with International Financial Reporting Standards (IFRS)

New Zealand IFRS model financial statements

Illustrative example of general purpose financial statements for the year ended 30 June 2011 prepared in accordance with the Financial Reporting Act 1993, the Companies Act 1993, applying New Zealand equivalents to International Financial Reporting Standards (NZ IFRS).

Example interim IFRS example financial statements

This publication illustrates the interim consolidated financial statements of a company that has been preparing IFRS financial statements for several years and produces half-yearly interim reports in accordance with IAS 34 Interim Financial Reporting for the period 30 June 2011. The common approach of presenting condensed interim financial statements is adopted in this publication.

Example full year IFRS financial statements for the year ended 31 December 2011

This publication illustrates the application of the presentation and disclosure requirements of International Financial Reporting Standards (IFRS) of an entity that is not a first-time adopter of IFRS. It has been reviewed and updated to reflect changes in IFRS that are effective for the year ended 31 December 2011.

Example full year IFRS financial statements for the year ended 31 December 2010

Example of first-time adoption of IFRS

The FTA Example Consolidated Financial Statements illustrates the application of the presentation and disclosure requirements of IFRS by an entity that is a first-time adopter of IFRS and publishes its first set of IFRS financial statements. The publication has been reviewed and updated to reflect changes in IFRS that are effective for the year ended 31 December 2010

Example of reporting under IFRS for SMEs

This publication sets out a realistic illustration of financial statements prepared in accordance with the IFRS for SMEs along with extensive guidance notes to explain the underlying requirements and alternative disclosure and presentation approaches available.

For more information on these example financial statements please click here to contact Mark Hucklesby, National Technical Director.