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.

This series includes an illustrative set of financial statements for first-time adopters. 'Preparing your first IFRS financial statements: Adopting IFRS' was written to help US companies understand the process of selecting their new IFRS accounting policies and applying the guidance in IFRS 1 as they begin to prepare for their first IFRS financial statements.

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.