Technical publications

Example financial statements

Matt Adam-Smith Matt Adam-Smith

The IFRS team at Grant Thornton Australia produces example financial statements to illustrate the application of the requirements in Australian Accounting Standards (AASBs) which incorporate International Financial Reporting Standards (IFRSs) as issued by the International Accounting Standards Board (IASB). 

While we are pleased to report that there are only a few limited scope amendments applying for the first time to financial years ending 30 June 2017, it is important to recognise that this is a period of ‘calm before the storm’. The next wave of IFRSs is just around the corner with four major accounting standards on revenue, financial instruments, leases and income of not-for-profit entities coming into effect in the next couple of years.

These standards are expected to have the greatest impact on financial statements since Australia’s adoption of IFRSs in 2005. As we move closer to the mandatory implementation of these standards, regulators are increasing pressure on businesses to carefully assess the impact of these standards, prepare for implementation, and make clear disclosures on the likely impact on financial statements and transaction documents pre-adoption. Accordingly, it is paramount that businesses use this period of calm to fully understand these changes and start developing their detailed implementation plans.

Example Financial Statements for the year ended 31 December 2014

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2014, which have been tailored to suit a number of different scenarios. You can access them via the links below:

Example interim financial statements [ 773 kb ]

Example listed public financial statements [ 1947 kb ]

Example Not-for-Profit financial statements [ 769 kb ]

Example Not-for-Profit Reduced Disclosure Requirements financial statements [ 741 kb ]

Example Reduced Disclosure Requirements financial statements [ 1130 kb ]

Example special purpose financial statements [ 729 kb ]

Example unlisted public financial statements [ 1414 kb ]

Example Financial Statements for the year ended 31 December 2013

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2013, which have been tailored to suit a number of different scenarios. You can access them via the links below:

Example interim financial statements [ 672 kb ]

Example listed public financial statements [ 759 kb ]

Example special purpose financial statements [ 277 kb ]

Example Not-for-Profit financial statements [ 301 kb ]

Example Not-for-Profit reduced disclosure requirements financial statements [ 278 kb ]

Example reduced disclosure requirements financial statements [ 1163 kb ]

Example unlisted public financial statements [ 536 kb ]

Example financial statements for the year ending 30 June 2013

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 30 June 2013, which have been tailored to suit a number of different scenarios. You can access them via the links below:

Example listed public financial statements [ 1801 kb ]

Example special purpose financial statements [ 277 kb ]

Example Not-for-Profit financial statements [ 754 kb ]

Example Not-for-Profit reduced disclosure requirements financial statements [ 278 kb ]

Example reduced disclosure requirements financial statements [ 1075 kb ]

Example unlisted public financial statements [ 1314 kb ]

Example financial statements for the year ending 31 December 2012

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2012, which have been tailored to suit a number of different scenarios. You can access them on the links below:

Example listed public financial statements [ 799 kb ]

Example Reduced Disclosure Requirements (RDR) financial statements [ 507 kb ]

Example Not-for-Profit Reduced Disclosure Requirements (RDR) financial statements [ 382 kb ]

Example Not-for-Profit financial statements [ 404 kb ]

Example special purpose financial statements - single company [ 384 kb ] 

Example financial statements for the half-year ending 31 December 2012
Grant Thornton has prepared Example Interim Financial Statements, which have been tailored to suit a number of different scenarios. You can access them on the links below:

Example interim financial statements [ 354 kb ]

Example financial statements for the year ending 30 June 2012

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 30 June 2012, which have been tailored to suit a number of different scenarios. You can access them on the links below:

Example listed company financial statements [ 2124 kb ]

Example large reporting entity financial statements [ 1940 kb ] 

Example Reduced Disclosure Regime (RDR) financial statements [ 1813 kb ]

Example unlisted public company financial statements [ 1946 kb ]

Example Not-for-Profit financial statements [ 1722 kb ]

Example Not-for-Profit Reduced Disclosure Regime (RDR) financial statements [ 1681 kb ]

Example special purpose - single company financial statements [ 384 kb ]

Example interim consolidated financial statements
Grant Thornton has prepared Example Interim Financial Statements, which have been tailored to suit a number of different scenarios. You can access them on the links below:

Example interim consolidated financial statements - 2012 (International) [ 348 kb ]

Example interim consolidated financial statements - 2011 (Australia) [ 2080 kb ]

Example consolidated financial statements for the year ending 30 June 2011

Grant Thornton Australia has also prepared a number of Example Financial Statements for 30 June 2011, which have been tailored to suit a number of different scenarios. You can access them on the links below:

Example large reporting entity financial statements [ 767 kb ]

Example listed entity financial statements [ 898 kb ]

Example Reduced Disclosure Regime (RDR) financial statements [ 596 kb ] 

Example unlisted public company financial statements [ 771 kb ]

Example special purpose - single company financial statements [ 397 kb ]

First-time adoption of IFRS [ 824 kb ]

Example consolidated financial statements for first time adopters updated for 2011 changes. 

New Zealand IFRS model financial statements [ 1020 kb ]

Illustrative example of general purpose financial statements for the year ended 30 June 2011 prepared in accordance with the Financial Reporting Act 1993, the Companies Act 1993, applying New Zealand equivalents to International Financial Reporting Standards (NZ IFRS). 

Example IFRS Financial Statements for the year ending 31 December 2010 [ 688 kb ]

These Example Financial Statements have been reviewed and updated to reflect changes in IFRSs that are effective for the year ending 31 December 2010.

Example IFRS Financial Statements for the half year ending 30 June 2010 [ 464 kb ]

These Example Financial Statements have been reviewed and updated to reflect changes in IFRSs that are effective for the  half year ended 30 June 2010.

Example IFRS Financial Statements for the half year ended 30 December 2009 [ 761 kb ] These Example Financial Statements have been reviewed and updated to reflect changes in IFRSs that are effective for the year ending 31 December 2009.

Example IFRS Financial Statements for the year ending 30 June 2009 [ 431 kb ] This document illustrates a set of IFRS consolidated financial statements for the 6 month period ended 30 June 2009.  This document illustrates the impact of the new standards which take effect in 2009 on interim reports in accordance with IAS 34 (AASB 134) Interim Financial Reports

IFRS Example Financial Statements [ 663 kb ]

This document illustrates a set of IFRS consolidated financial statements for the 12 month period ended 31 December 2008. This includes the early adoption of IAS 1(AASB 101) Presentation of Financial Statements and IFRS 8 (AASB 8) Operating Segments.