IFRS – Example Consolidated Financial Statements 2

The IFRS team has released its 2018 version of Example Consolidated Financial Statements. The publication has been reviewed and updated to reflect changes in IFRS that are effective for the year ending 31 December 2018. In particular, it reflects the adoption of IFRS 9 ‘Financial Instruments’ and IFRS 15 ‘Revenue from Contracts with Customers’ which are effective for annual accounting periods beginning on or after 1 January 2018.