In our continued effort to offer you relevant and useful tools, Raymond Chabot Grant Thornton is pleased to publish a French version of Reporting under IFRS: Example Consolidated Financial Statements 2015 and guidance notes, a publication by the IFRS team at Grant Thornton International Ltd, entitled Présenter ses états financiers selon les IFRS – États financiers consolidés types 2015 et notes d’orientation, which has been revised and updated to reflect changes in IFRS that are effective for the year ending December 31, 2015.
No account has been taken of any new developments published after July 31, 2015.
Example Consolidated Financial Statements – Summary
The publication illustrates consolidated financial statements for a year ending December 31, 2015. The example consolidated financial statements are those of a fictional consulting, service and retail company that has been preparing IFRS financial statements for several years. This publication is not appropriate for a first-time adopter of IFRS. It is important to remember that the objective in preparing example consolidated financial statements is to illustrate one possible approach to reporting by an entity engaging in transactions that are considered typical across a range of non-specialist sectors. The attached financial statements are an illustrative example only and should not be considered comprehensive.
The publication Présenter ses états financiers selon les IFRS – États financiers consolidés types 2015 et notes d’orientation follows this Adviser alert.