IFRS illustrative financial statements

Illustrative corporate consolidated financial statements 2009 (PDF 3.78 MB) provides a realistic set of financial statements for a corporate entity, based on the requirements of IFRS standards and interpretations for financial years beginning on or after 1 January 2009. The entity is an existing preparer of IFRS consolidated financial statements.

The 'Illustrative' series includes financial statements for fictional industry-specific entities:

  • Banking,
  • Insurance,
  • Investment funds,
  • Investment property, and
  • Private equity.

The series includes the Illustrative interim financial statements 2005: For first-time adopters of IFRS (PDF 431 KB) providing an illustrative set of full consolidated financial statements for an entity's first interim reporting period under IFRS. The fictional entity will prepare its first annual financial statements for the year ended 31 December 2005. Its regulator, however, requires it to publish financial information in accordance with IAS 34 for the six months ended 30 June 2005. This publication uses all standards and interpretations in force at 31 December 2004 as the basis for the accounting policies applied.

Also in the series is Illustrative condensed interim financial information for existing IFRS preparers (PDF 846 KB), a practical guide to applying IAS 34, 'Interim financial reporting', reflecting standards issued up to 31 March 2009. It provides an illustrative set of condensed interim financial information prepared in accordance with IAS 34 for a fictional manufacturing and retail group. It also contains a disclosure checklist and an overview of IAS 34.

We have also produced a set of illustrative financial statements prepared under IFRS for small and medium entities. IFRS for SMEs - Illustrative consolidated financial statements 2010 shows the required disclosure and presentation of a first-time adopter of the standard. Certain types of transaction that are not relevant to the group's operations have been included in the appendices. This publication is based on the requirements of the IFRS for SMEs published in July 2009

Download a publication in the series:


We also publish an IFRS disclosure checklist (PDF 1.01 MB). This has been updated to outline the disclosures required by all standards and interpretations released by the IASB and IFRIC up to 17 October 2009.

Hard copies of publications in this series can be obtained from your local PricewaterhouseCoopers office, or by ordering online.