Illustrative IFRS Consolidated Financial Statements for 2012 Year Ends

This publication provides an illustrative set of consolidated financial statements, prepared in accordance with International Financial Reporting Standards (IFRS), for a fictional manufacturing, wholesale and retail group (IFRS GAAP plc). IFRS GAAP plc is an existing preparer of IFRS consolidated financial statements. This publication is based on the requirements of IFRS standards and interpretations for financial years beginning on or after 1 January 2012. Areas in which presentation has changed significantly since 2011 are highlighted. It also includes appendices providing illustrative financial statements relating to: Agricultural assets, Biological assets, Oil and gas, IFRS 9, 'Financial instruments', for early adopters, IFRSs 10, 'Consolidated financial statements', IFRS 11, 'Joint arrangements', and IFRS 12 'Disclosure of interests in other entities', IFRS 13, 'Fair value measurements', IAS 19 (revised), 'Employee benefits', IAS 1 (amendment), 'Statement of profit or loss and other comprehensive income' for early adopters, Current and forthcoming requirements, Also available: Manual of accounting-IFRS 2013, Global guide to IFRS providing comprehensive practical guidance on how to prepare financial statements in accordance with IFRS. Includes hundreds of worked examples, extracts from company accounts and guidance on financial instruments. The Manual is a three-volume set comprising: Manual of accounting ? IFRS 2013 ? volume 1, Manual of accounting ? IFRS 2013 ? volume 2, Illustrative IFRS consolidated financial statements for 2012 year ends, For details of other IFRS publications, please see the inside covers.