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. 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. 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. This publication provides an illustrative set of consolidated financial statements, for a fictitious listed company, VALUE HKFRS Limited. 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. © 2019 EYGM Limited. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. Illustrative Financial Statements 2016. This edition contains the illustrative consolidated financial statements of Good Bank (International) Limited and its subsidiaries for the year ended 31 December 2019. What elevated levels of political risk mean for business in 2021. 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. This publication contains an illustrative set of consolidated financial statements for Good Group (International) Limited (the parent) and its subsidiaries (the Group) for the year-end 31 December 2019 that is prepared in accordance with International Financial Reporting Standards (IFRS). and 1 January 2019 respectively) to assist readers in understanding the financial position impacted by the adoption of HKFRS 16. 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. Illustrative consolidated financial statements of Good Bank (International) Limited for the year ended 31 December 2019. Are you running an analogue supply chain for a digital economy? 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. As a general approach, these illustrative financial statements do not early adopt standards or amendments before their effective date. EY | Assurance | Tax | Transactions | Advisory. International Financial Reporting Standards (IFRS) Illustrative Financial Statements and Disclosure Checklists. 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. These illustrative financial statements will assist you in preparing financial statements by illustrating We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. Illustrative Financial Statements 2015. 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. 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. 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. 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. ... 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 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 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. 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. 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 … We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. For more information about our organization, please visit ey.com. 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 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. Illustrative Financial Statements 2014. This edition contains the illustrative consolidated financial statements of Good Petroleum (International) Limited and subsidiaries for the year ended 31 December 2019. IBOR reform financial statement disclosures The International Accounting Standards Board has completed its project on the financial reporting impacts arising from the global interest rate benchmark reforms (“IBOR reform”) in 2020. All Rights Reserved. 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. For more information about our organization, please visit ey.com. EY is a global leader in assurance, tax, transaction and advisory services. Please refer to your advisors for specific advice. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. Financial highlights 15 Consolidated statement of financial position 16 Consolidated statement of profit or loss and . 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, 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. Appendices 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’). 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. © 2020 EYGM Limited. Your essential guide to disclosures for banks. 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. other comprehensive income 18 Consolidated statement of changes in equity 22 Consolidated statement of cash flows 24 Notes to the consolidated financial statements 26. Review our cookie policy for more information. 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. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. 2.1.1 Statement of financial position This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. Review our cookie policy for more information. The global illustrative financial statements are supplemented with the Australian-specific reporting requirements such as the Directors Report, … This publication provides certain illustrative disclosures on the impact of COVID-19 in the financial statements in Appendix 2. 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