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. As a general approach, these illustrative financial statements do not early adopt standards, amendments or interpretations before their effective date. Please refer to your advisors for specific advice. … Are you running an analogue supply chain for a digital economy? 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. Illustrative Financial Statements 2014. 20th November, 2019 CA. 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. 2.1.1 Statement of financial position This edition contains illustrative consolidated financial statements with year-end 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. 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. VALUE HKFRS Limited and its subsidiaries manufacture goods, provides IT … 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. This publication provides certain illustrative disclosures on the impact of COVID-19 in the financial statements in Appendix 2. Consolidated financial statements 14. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. 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. EY | Assurance | Consulting | Strategy and Transactions | Tax. 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. 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. Financial highlights 15 Consolidated statement of financial position 16 Consolidated statement of profit or loss and . Illustrative financial reports and presentation and disclosure checklists are regularly published by public accounting firms and are freely available from the websites shown below. 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. What elevated levels of political risk mean for business in 2021. 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. › 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. 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. EY is a global leader in assurance, tax, transaction and advisory services. © 2020 EYGM Limited. 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. The EY Helix data analyzer library now processes more than 415 billion lines of financial data each year. Review our cookie policy for more information. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 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. 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. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. This publication provides an illustrative set of consolidated financial statements, for a fictitious listed company, VALUE HKFRS Limited. Appendices 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. Download these consolidated financial statements. 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 Bank (International) Limited and its subsidiaries for the year ended 31 December 2019. This edition contains the illustrative consolidated financial statements of Good Petroleum (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 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. Please refer to your advisors for specific advice. 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"). These are illustrative IFRS financial statements of a listed company, prepared in accordance with International Financial Reporting Standards. 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. How can we create long-term value to build a better working world? 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 Statements 2015. Keywords: Illustrative Financial Statements; annual financial reporting; HKFRS Created Date: 6/17/2019 10:49:10 AM illustrative EY financial statements prepared in accordance with International Financial Reporting Standards (IFRS). 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.