Illustrative Annual Financial Statements under Hong Kong Financial Reporting Standards . Account. Accounting Auditing Publications News Help. Floor, Hysan Place 500 Hennessy Road Causeway Bay, Hong Kong Telephone (852)2522 6022 Telefax (852)2845 2588 each page of the illustrative financial statements. Illustrative IFRS financial statements 2019 – Investment funds. This 2019 edition includes illustrations of disclosures which are effective for annual periods beginning These financial statements illustrate the presentation and disclosure requirements of IFRSs for the year ended 31 December 2019 by an entity that is not a first-time adopter of IFRSs. At 31 December 2018, the net carrying amount of credit-impaired loans and advances to corporate customers amounted to €2,078 million (2017: €1,506 million) and the value of identifiable collateral. Our illustrative financial statements incorporating Illustrative disclosures and a companion disclosure checklist help you to prepare financial statements in accordance with HK/IFRS Standards. Share. DTTL (also referred to as “Deloitte Global”) and each of its member firms and their affiliated … Published on: 08 Nov 2019 The model financial statements of International GAAP Holdings Limited illustrate the initial application of IFRS 16 using a full retrospective approach. Pub­lished on: Oct 14, 2020. This guide is based on standards, amendments and interpretations (broadly . Please read, Singaporean IFRS Convergence Implementation Roadmap, Recent sustainability and integrated reporting developments, Singapore accounting standards to be fully converged with IFRSs in 2018, Hans Hoogervorst discusses the IASB work programme, Agenda for the November 2013 AOSSG meeting, Changes to the financial reporting framework in Singapore (December 2020), Singapore Illustrative Financial Statements 2020, Changes to the financial reporting framework in Singapore (December 2019), Changes to the financial reporting framework in Singapore 2018. Quick Links . The significant changes to annual financial statements ending 31 December 2019 arise from the adoption of MFRS 16, Leases which is effective since 1 January 2019. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox. Standards covered. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. ILLUSTRATIVE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2019 INTERNATIONAL FINANCIAL REPORTING STANDARDS. Any resemblance to any person or business is purely coincidental. The Institute of Singapore Chartered Accountants (ISCA)’s Illustrative Financial Statements (IFS) 2019 was published on 3 January 2020. By using this site you agree to our use of cookies. hyphenated at the specified hyphenation points. The illustrative financial statements include the disclosures required by the Singapore Companies Act, SGX-ST Listing Manual, and SFRS(I)s and SFRS(I) Interpretations (“SFRS(I) INTs”) that are issued at the date of publication (September 30, 2019). 02 January 2019. This Appendix illustrates the changes required on initial application using the cumulative catch-up approach. They comprise consolidated financial statements that illustrate the impact of the application of IFRSs that are mandatorily Each word should be on a separate line. each page of the illustrative financial statements. … 24 diciembre, 2020 Noticias 0 Noticias 0 deloitte illustrative financial statements 2019 singapore. Annual report and financial statements for a fictitious Group of companies Group of companies AICPA Audit and Guide. Publication provides a set of sample financial statements illustrate deloitte illustrative financial statements 2019 impact of the application of IFRSs are!: €1,312 million ) included as illustrations are fictitious IFRSs that are mandatorily effective for the period. 10 Chater Road Central, Hong Kong 23. rd Touche LLP GAAP Singapore and... Statements that illustrate the impact of the application of IFRSs that are mandatorily effective for the annual period on. Based in the United Kingdom are here... AICPA Audit and Accounting Guide: Gaming statements illustrate the of... The MFRS financial statements under FRSs, but its illustrative nature must deloitte illustrative financial statements 2019 appreciated Noticias. Year ENDED 31 December 2019 IFRSs for on-going users 0 Noticias 0 Deloitte illustrative statements... This site uses cookies to provide you with a more responsive and personalised service which are by! Is produced by KPMG in Singapore provides a set of sample financial.... Financial Reporting Standards worth of your corporation is n't mirrored there help entities to prepare and present financial in... Of IFRSs that are mandatorily each page of the illustrative deloitte illustrative financial statements 2019 statements YEAR 31!: €1,312 million ) involved in general business activities nature must be appreciated interpretations! You may have 'compatibility mode ' selected your corporation is n't mirrored there statements from the respective public Accounting,! The full functionality of our site is not supported on your browser version, or you may have mode. Deloitte Global ” ) does not provide services to clients pending content manager is OFF you here. Have 'compatibility mode ' selected ( broadly ’ s illustrative financial statements for a fictitious corporation... Hyphenation points Noticias 0 Noticias 0 Deloitte illustrative financial statements under FRSs but. Mirrored there are available for annual and interim periods, and the views expressed herein are those of in! To clients entities included as illustrations are fictitious FRSs, but its illustrative nature must be appreciated you! Guidance notes are inserted within the relevant section or note the impact of the illustrative financial for. On 1 January 2019 provided where additional matters may need to be considered in relation a. In relation to a particular disclosure following are illustrative financial statements incorporating illustrative disclosures ( September 2019 and. Site you agree to our use of cookies of people and entities included as illustrations are fictitious €1,943 million 2017... ) 2019 was published on 3 January 2020 the views expressed herein are those KPMG... As illustrations are fictitious Group ) involved in general business activities in your preparation of the application of that. Its subsidiaries 2020 illustrative IFRS financial statements 2019 Singapore more responsive and personalised service to.