IFRS Publications

IFRS disclosure checklist 2011
The 'IFRS disclosure checklist 2011' is designed to facilitate the collection and review of disclosures for each component of the IFRS financial statements. It has been updated to outline the disclosures required for December 2011 year ends. Appendix H, 'Disclosures required of entities that early-adopt IFRSs effective for annual periods beginning after 1 July 2011', is currently being updated and will be added to the PDF late November.

Illustrative corporate consolidated financial statement for 2011 year ends
The financial statements of a fictional company have been updated to illustrate the disclosure and presentation requirements of the IFRS standards and interpretations for financial years beginning on or after 1 January 2011. The entity is an existing preparer of IFRS financial statements. There is an appendix illustrating disclosures for first-time adopters; and on IFRS 9, 'Financial instruments', IFRS 10, 'Consolidated financial statements', IFRS 11, 'Joint arrangements', IFRS 12, 'Disclosure of interests in other entities', and IFRS 13, 'Fair value measurement', for early adopters.

IFRS News
You may find in the January Issue of the IFRS Newsletter a number of topics related to IFRS ranging from Amendment to deferred tax accounting for investment property at fair value to IFRS 1 amended: exemption for severe hyperinflation, and removal of fixed dates, from Revenue recognition to Wave of accounting change looming for preparers.