EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Illustrative Ind AS consolidated financial statements - March 2019 Financial statements Balance sheet 9 Statement of profit and loss 13 Statement of changes in equity 20 Statement of cash flows 23 Notes to the financial statements 1. PwC – UK GAAP (FRS 102) illustrative financial statements for 2019 year ends 1 Preface This publication provides illustrative financial statements for the year ended 31 December 2019. For more information about our organization, please visit ey.com. This publication provides certain illustrative disclosures on the impact of COVID-19 in the financial statements in Appendix 2. EY is a global leader in assurance, tax, transaction and advisory services. Are you running an analogue supply chain for a digital economy? The EY Helix data analyzer library now processes more than 415 billion lines of financial data each year. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Important notices: This publication is intended as an illustrative guide rather than a definitive statement. © 2019 EYGM Limited. As a general approach, these illustrative financial statements do not early adopt standards, amendments or interpretations before their effective date. This publication is produced by KPMG in Singapore, and the views expressed herein are those of KPMG in Singapore. The consolidated illustrative financial statements are prepared in accordance with IFRS in issue at 30 September 2019 and effective for annual periods beginning 1 January 2019. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. In contrast, IFRS 16 includes specific requirements for the presentation of the ROU asset and lease liability and the corresponding effects on the results and cash flows in the primary financial statements. GAAP Singapore Ltd is a company incorporated in Singapore and its shares are listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. The global illustrative financial statements are supplemented with the Australian-specific reporting requirements such as the Directors Report, … Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Priti Paras Savla Mumbai Chairperson, WIRC of ICAI Foreword. The standards applied in these illustrative financial statements are those that were on issue as at 30 September 2019 and effective for annual periods beginning on or after 1 January 2019. All Rights Reserved. Consolidated financial statements 14. Wonderful Malaysia Berhad 2019 is KPMG PLT’s Illustrative Financial Statements for financial statements prepared in accordance with the Malaysian Financial Reporting Standards (“MFRS”). Illustrative financial reports and presentation and disclosure checklists are regularly published by public accounting firms and are freely available from the websites shown below. Review our cookie policy for more information. A guide for companies listed on the Main Board of The Stock Exchange of Hong Kong Limited, which are required to prepare their annual financial reports. HK Listco has also updated the line items presented in the primary statements to be consistent with those expected to be disclosed in the 2019 annual financial statements. They are prepared in accordance with IFRS in issue at 30 September 2019 and effective for annual periods beginning 1 … You may withdraw your consent to cookies at any time once you have entered the website through a link in the privacy policy, which you can find at the bottom of each page on the website. Your essential guide to disclosures for banks. Singapore Illustrative Financial Statements 2019 Published on: 02 Dec 2019 This publication provides a set of sample financial statements of a fictitious group of companies. Download these consolidated financial statements. Illustrative Financial Statements 2015. All Rights Reserved. International Financial Reporting Standards (IFRS) Illustrative Financial Statements and Disclosure Checklists. Our Guides to financial statements help you to prepare financial statements in accordance with IFRS Standards by illustrating one possible format.. Our illustrative disclosures for banks are based on a fictitious banking group involved in a range of general banking activities, which is not a first-time adopter of IFRS Standards. Illustrative Financial Reports and Disclosure Checklists. How your board can drive transformative action on climate change. Illustrative Financial Statements 2014. VALUE HKFRS Limited and its subsidiaries manufacture goods, provides IT … What elevated levels of political risk mean for business in 2021. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. © 2020 EYGM Limited. Please refer to your advisors for specific advice. Financial highlights 15 Consolidated statement of financial position 16 Consolidated statement of profit or loss and . other comprehensive income 18 Consolidated statement of changes in equity 22 Consolidated statement of cash flows 24 Notes to the consolidated financial statements 26. The financial statements comply with International Financial Reporting Standards (IFRS) as issued at 31 May 2019 and that apply to financial years commencing on or after 1 January 2019. For more information about our organization, please visit ey.com. Illustrative consolidated financial statements of Good First-time Adopter (International) Limited and subsidiaries for the year ended 31 December 2019. Insurance - 2019 Illustrative IFRS consolidated financial statements Investment funds - 2020 Industry Illustrative financial statements Investment property - 2019 Industry Illustrative financial statements and 1 January 2019 respectively) to assist readers in understanding the financial position impacted by the adoption of HKFRS 16. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. The consolidated illustrative financial statements are prepared in accordance with IFRS in issue at 30 September 2019 and effective for annual periods beginning 1 January 2019. The standards applied in these illustrative financial statements are those that were in issue as at 30 June 2019 and effective for annual periods beginning on or after 1 January 2019. About Singapore Illustrative Financial Statements 2019 . Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. You may withdraw your consent to cookies at any time once you have entered the website through a link in the privacy policy, which you can find at the bottom of each page on the website. Illustrative Financial Statements 2016. Ltd., prepared in accordance with: lFinancial Reporting Standards in Singapore (FRSs) lSingapore Companies Act, Chapter 50 (CA) The IFS serve to provide an illustration of the annual financial statements of a company whose principal … ... of illustrative financial statements is intended as an illustrative guide rather than a definitive statement, and should be used in conjunction with the relevant industry, statutory and stock The consolidated illustrative financial statements for Good First-time Adopter (International) Limited are prepared in accordance with IFRS in issue at 30 June 2019 and effective for annual periods beginning on 1 January 2019. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Review our cookie policy for more information. This edition contains the illustrative consolidated financial statements of Good Petroleum (International) Limited and subsidiaries for the year ended 31 December 2019. These illustrative financial statements will assist you in preparing financial statements by illustrating The consolidated illustrative financial statements for Good First-time Adopter (International) Limited are prepared in accordance with IFRS in issue at 30 June 2019 and effective for annual periods beginning on 1 January 2019. the expected financial statements impact on the amendments to accounting standards. Appendices This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Keywords: Illustrative Financial Statements; annual financial reporting; HKFRS Created Date: 6/17/2019 10:49:10 AM This publication provides an illustrative set of consolidated financial statements, for a fictitious listed company, VALUE HKFRS Limited. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. The guide is intended to help entities to prepare and present condensed consolidated interim financial statements in accordance with IAS 34 Interim Financial Reporting by illustrating one possible format for financial statements for a fictitious multinati\ onal corporation involved in general business activities. EY | Assurance | Consulting | Strategy and Transactions | Tax. This edition contains illustrative consolidated financial statements with year-end 31 December 2019. Download Singapore Illustrative Financial Statements 2019 While care has been taken in the preparation of this publication, reference to accounting standards and other authoritative material should be made, and specific advice sought, in respect of any particular transaction or specific circumstances. Financial Statements and IAS 7 Statement of Cash Flows. This edition contains the illustrative consolidated financial statements of Good Bank (International) Limited and its subsidiaries for the year ended 31 December 2019. This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Preface. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. EY is a global leader in assurance, consulting, strategy and transactions, and tax services. 20th November, 2019 CA. The following are illustrative financial statements from the respective public accounting firms, which are prepared based on IFRS, and the related disclosure checklists to be used in the preparation of financial statements in accordance with IFRS. They illustrate the impact of the application of IFRSs that are mandatorily effective for the annual period beginning on 1 January 2019. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. The consolidated illustrative financial statements are prepared in accordance with IFRS in issue at 30 September 2019 and effective for annual periods beginning 1 January 2019. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. EY | Assurance | Tax | Transactions | Advisory. Summary of significant accounting policies 28 2. These financial statements illustrate the presentation and disclosure requirements of IFRSs for the year ended 31 December 2019 by an entity that is not a first-time adopter of IFRSs. For the year ended 31 December 2019. › Illustrative Statements Ahead of the upcoming 31 December year ends, we have released our latest illustrative US GAAP financial statements for Private Equity and Hedge Funds, which will be a very useful guide for preparers and cover the relevant changes in accounting standards in 2019. In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. illustrative EY financial statements prepared in accordance with International Financial Reporting Standards (IFRS). As a general approach, these illustrative financial statements do not early adopt standards or amendments before their effective date. In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. 2.1.1 Statement of financial position In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. remember settings), Performance cookies to measure the website's performance and improve your experience, Advertising/Targeting cookies, which are set by third parties with whom we execute advertising campaigns and allow us to provide you with advertisements relevant to you,  Social media cookies, which allow you to share the content on this website on social media like Facebook and Twitter. These illustrative IFRS financial statements are intended to be used as a source of general technical reference, as … Please refer to your advisors for specific advice. Illustrative Financial Statements 2019. About this publication: This publication is an illustrative financial statements (IFS) of a Singapore-incorporated company, ABC Pte. This publication presents illustrative consolidated financial statements for a fictitious listed company, VALUE IFRS Plc. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. remember settings), Performance cookies to measure the website's performance and improve your experience, Advertising/Targeting cookies, which are set by third parties with whom we execute advertising campaigns and allow us to provide you with advertisements relevant to you,  Social media cookies, which allow you to share the content on this website on social media like Facebook and Twitter. These are illustrative IFRS financial statements of a listed company, prepared in accordance with International Financial Reporting Standards. Illustrative consolidated financial statements of Good Bank (International) Limited for the year ended 31 December 2019. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Will your digital investment strategy go from virtual to reality? Australian RDR illustrative annual financial statements After an intense period of accounting change, no new major accounting standards become effective for reporting periods commencing from 1 January 2020. Illustrative IFRS financial statements 2019 – Investment funds This publication provides an illustrative set of financial statements, prepared in accordance with International Financial Reporting Standards (IFRS), for a fictional open-ended investment fund (‘ABC Fund’ or the ‘Fund’). This publication should be read in conjunction with our illustrative financial statements … How can we create long-term value to build a better working world? 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