Illustrative financial statements

These publications provide an illustrative set of consolidated financial statements, prepared in accordance with Philippine Financial Reporting Standards (PFRS).

This illustrative set of financial statements is intended for general reference only.  They are not a substitute for reading the standards and interpretations themselves or for professional judgment as to fairness of presentation.  They do not cover all possible disclosures that PFRS requires, nor do they take into account any specific legal framework. Further specific information may be required in order to ensure fair presentation under PFRS.  We recommend that readers refer to our PFRS Disclosure and Content Checklist as well as our Securities and Exchange Commission (SEC and Bureau of Internal Revenue (BIR) Disclosure Checklists. 

VALUE PFRS Corporation: 2015 Illustrative PFRS consolidated financial statements

This publication presents illustrative consolidated financial statements for a fictitious listed company, VALUE PFRS Corporation. The financial statements comply with International Financial Reporting Standards (IFRS) as issued at 30 April 2015 and that apply to financial years commencing on or after 1 January 2015.

2014 Illustrative PFRS consolidated financial statements

This publication provides an illustrative set of consolidated financial statements prepared in accordance with Philippine Financial Reporting Standards (PFRS) for a fictional manufacturing, wholesale and retail publicly-listed company, Moonwalk Corporation.

2013 Illustrative PFRS Financial Statements

This publication provides an illustrative set of consolidated financial statements, prepared in accordance with Philippine Financial Reporting Standards (PFRS), for a fictional manufacturing, wholesale and retail publicly-listed company, Moonwalk Corporation.

2012 Illustrative Consolidated Financial Statement

This publication provides an illustrative set of consolidated financial statements, prepared in accordance with Philippine Financial Reporting Standards (PFRS), for a fictional manufacturing, wholesale and retail publicly-listed company, Moonwalk Corporation.