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Important: Use of these documents

The model financial statements, checklists, and compliance questionnaires included in this section are provided solely for information purposes for your personal use. You should not provide or distribute them to any other person or entity.

None of (1) the member firm that provides any of these documents, (2) Deloitte Touche Tohmatsu, or (3) any other member firm of Deloitte Touche Tohmatsu or any of their respective subsidiaries, affiliates, and related entities, is by means of these documents rendering accounting or other professional advice or services. These documents are not a substitute for professional advice or services; nor should they be used as the basis for any decision or action that may affect your business.

None of (1) the member firm that provides any of these documents, (2) Deloitte Touche Tohmatsu, or (3) any other member firm of Deloitte Touche Tohmatsu or any of their respective subsidiaries, affiliates, and related entities, shall be responsible for any loss sustained by any person who relies on these documents.

Please note that while every effort has been made to ensure that these documents are complete in terms of the relevant requirements of IFRSs, users will inevitably be required to exercise professional judgment based on specific circumstances (for example, determination of whether financial statements 'fairly present'). These documents are merely enabling tools that do not address such judgmental issues.

Also, IFRSs are constantly changing. It is the responsibility of users of the documents on this page to maintain current working knowledge of IFRSs, which may affect the content of the model financial statements and checklists.

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IAS 34 Interim Financial Reporting Compliance Checklist for 2009

This checklist summarises the requirements set out in IAS 34 Interim Financial Reporting at 28 February 2009. The checklist is formatted to allow the recording of a review of interim financial statements, with a place to indicate yes/no/not-applicable for each item.

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IFRS Illustrative Financial Statements for 2008

Commercial and industrial company

Although several new Standards and Interpretations were issued during 2008, none are effective for December 2008 year ends. For this reason, Deloitte has not produced revised IFRS model financial statements for December 2008 – the 2007 Version remains an appropriate source of reference for 2008. The majority of the Standards and Interpretations issued in 2008 are effective for annual periods beginning on or after 1 January 2009, and we expect to release our 2009 IFRS model financial statements illustrating the application of those Standards and Interpretations in the first half of 2009.

Deloitte's Asia-Pacific IFRS Centre of Excellence in Hong Kong has published illustrative financial statements for the year ended 31 December 2008. These statements illustrate the application of Hong Kong Financial Reporting Standards (HKFRSs), as well as the requirements of the Hong Kong Companies Ordinance and the Listing Rules of the Stock Exchange of Hong Kong and the Growth Enterprise Market, issued and effective up to 31 December 2008. The statements do not reflect early application of new and revised standards, amendments, or interpretations that were issued but are not mandatory for 2008.

Because HKFRSs are virtually identical to IFRSs, these statements also illustrate compliance with IFRSs for 2008.

Click to download the HKFRS Illustrative Financial Statements for 2008 (PDF 1,330k).

German version

Deloitte (Germany) has published IFRS Musterkonzernabschluss Dezember 2008 – Model IFRS Financial Statements for 2008 in the German language (PDF 3,832k, 154 pages). Each item in the financial statements is cross-referenced to the relevant source in IFRSs. New for 2008 is the inclusion of IFRIC 11 through 14 and the reclassification amendment to IAS 39 and IFRS 7. Segment information is presented in two ways – using IFRS 8 (permitted but not mandatory for 2008) and IAS 14 (must be followed if IFRS 8 is not elected). Pronouncements not yet endorsed in the European Union are identified.

Insurance company

The Deloitte UK Insurance Centre of Excellence has published illustrative 2008 IFRS financial statements for an insurance group. The disclosures are based on IFRSs issued at 31 October 2008 and effective for years beginning on or after 1 January 2008. The statements are not intended to include 'model' disclosures covering all circumstances but, rather, to indicate the type of disclosure required. The nature and amount of disclosure will depend on the underlying business, the extent and complexity of financial instruments and insurance contracts, and how they are managed. Special references are made to disclosures that might be associated with the credit crunch and the recent IASB pronouncements on financial instruments, but further specific consideration by insurers will be needed. A copy of Deloitte's disclosure checklist for IFRS 4 and IFRS 7 is included at the end of the document. Click to download Delto Insurance Group plc – Illustrative Financial Statements and Selected Disclosures for the Year Ended 31 December 2008 (PDF 676k).

IFRS Presentation and Disclosure Checklists for 2008

English Version

Note that none of the new and revised Standards and Interpretations included in this checklist for the first time is effective for annual periods beginning 1 January 2008 (although early adoption is permitted for most). Therefore, for entities with year-ends of 31 December 2008 that have not elected to adopt any of these Standards or Interpretations in advance of their effective dates, and that would prefer to defer the move to the new terminology introduced by IAS 1(2007), it may be preferable to complete the 2007 Release of the Presentation and Disclosure Checklist, which includes all of the Standards and Interpretations effective for accounting periods beginning 1 January 2008. The only change will be that IFRICs 11, 12 and 14, which were not effective for accounting periods beginning 1 January 2007 and, therefore, were shown in shaded text in the 2007 checklist, are effective for periods beginning 1 January 2008 and, therefore, where applicable, they should be completed.

Spanish Translation

Deloitte & Touche Ltda (Colombia) has translated the 2008 IFRS Presentation and Disclosure Checklistinto Spanish:

German Translation



French Translation

IFRS Compliance Questionnaire for 2008

English Version

This questionnaire summarises the recognition and measurement requirements in International Financial Reporting Standards (IFRSs) including Interpretations. This questionnaire may be used to assist in considering compliance with those pronouncements. It is not a substitute for your understanding of such pronouncements and the exercise of your judgment. Users of the questionnaire are presumed to have a thorough understanding of the pronouncements and should refer to the text of the pronouncements, as necessary, in considering particular items in this questionnaire. The items in this questionnaire are referenced to the applicable sections of the IFRSs.

This questionnaire addresses the measurement and recognition requirements of IFRSs issued on or before 31 October 2008. It does not address presentation and disclosure requirements.

The questionnaire is 282 pages long. Click to download 2008 IFRS Compliance Questionnaire (Word version) (ZIP of a Microsoft Word file 706k).

This questionnaire includes all new and revised Standards and Interpretations issued on or before 31 October 2008. Some of those become mandatory only in 2009, but early adoption is permitted in annual periods beginning 1 January 2008. Entities that have not elected to early-adopt any of these Standards or Interpretations may prefer to complete the 2007 Compliance Questionnaire, which includes all of the Standards and Interpretations mandatory for annual periods beginning on or after 1 January 2008. IFRICs 11, 12, and 14 that were not effective for annual periods beginning on or after 1 January 2007 were shown in shaded text in the 2007 questionnaire. However, these Interpretations are effective for annual periods beginning 1 January 2008 and the relevant sections in the questionnaire should be completed.

Spanish Translation

Deloitte & Touche Ltda (Colombia) has translated the 2008 IFRS Compliance Questionnaire into Spanish:

French Translation

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IFRS Model Financial Statements for 2007

English Version

These model financial statements for the year ended 31 December 2007 illustrate the application of the presentation and disclosure requirements of International Financial Reporting Standards (IFRSs) by an entity that is not a first-time adopter of IFRSs. They also contain additional disclosures that are considered to be best practice, particularly where such disclosures are included in illustrative examples provided with a specific Standard.

Translations

Deloitte (Canada) has published Model IFRS Financial Statements for 2007 in the French language (PDF 2,948k).
Deloitte (Slovak Republic) has published Medzinárodné štandardy pre finanèné výkazníctvo: Vzorové finanĉné výkazy 2007 – Model IFRS Financial Statements for 2007 in the Slovak language (PDF 1,582k, 114 pages). Each item in the financial statements is cross-referenced to the relevant source in IFRSs.
Deloitte (Germany) has published IFRS-Musterkonzernabschluss 2007 – Model IFRS Financial Statements for 2007 in the German language (PDF 1,266k, 149 pages). Each item in the financial statements is cross-referenced to the relevant source in IFRSs.
Deloitte Czech Republic has published IFRS Model Financial Statements 2007 in the Czech language (PDF 1,123k, 133 pages).

IFRS Presentation and Disclosure Checklists for 2007

English Version

Translations

Deloitte (Germany) has published IFRS-Checkliste zu Ausweis- und Angabevorschriften 2007 – IFRS Presentation and Disclosure Checklist for 2007 in the German language (PDF 1,380k, 222 pages).
Deloitte Czech Republic has published an IFRS Presentation and Disclosure Checklist 2007 in the Czech language (PDF 1,480k, 165 pages). The checklist is formatted to allow the recording of a review of financial statements, with a place to indicate yes/no/not-applicable for each presentation and disclosure item.

Deloitte Korea has published the IFRS Presentation and Disclosure Checklist 2007 in the Korean language (PDF 1,147k, 154 pages). The checklist is formatted to allow the recording of a review of financial statements, with a place to indicate yes/no/not-applicable for each presentation and disclosure item.

IAS 1 (Revised 2007) Compliance Checklist

IAS 1 (Revised 2007) Presentation of Financial Statements was issued on 6 September 2007 and is effective for annual periods beginning on or after 1 January 2009, with early application permitted. Click to download:

2007 Interim Reporting Compliance Checklist

IAS 34 compliance checklist as of 31 May 2007. The checklist is formatted to allow the recording of a review of interim financial statements, with a place to indicate yes/no/not-applicable for each item.

IFRS Compliance Questionnaire for 2007

English Version

This questionnaire summarises the recognition and measurement requirements in International Financial Reporting Standards (IFRSs) including Interpretations. This questionnaire may be used to assist in considering compliance with those pronouncements. It is not a substitute for your understanding of such pronouncements and the exercise of your judgment. Users of the questionnaire are presumed to have a thorough understanding of the pronouncements and should refer to the text of the pronouncements, as necessary, in considering particular items in this questionnaire. The items in this questionnaire are referenced to the applicable sections of the IFRSs.

This questionnaire addresses the measurement and recognition requirements of IFRSs issued on or before 31 August 2007. It does not address presentation and disclosure requirements.

Note, however, that IAS 8.30 requires disclosures regarding Standards and Interpretations in issue but not yet effective at the date of issue of the financial statements. Therefore, in addition to the contents of the questionnaire, preparers will need to consider any Standards and Interpretations issued between 1 September 2007 and the date of issue of their 2007 financial statements. One example is the revised IAS 1, which was issued 6 September 2007. Presented Below is a separate compliance questionnaire for the revised IAS 1.

The questionnaire is 282 pages long. Click below to download it in either MS Word or PDF format:

Spanish Translation

Deloitte & Touche Ltda (Colombia) has published Cuestionario cumplimiento NIIF 2007 – 2007 IFRS Compliance Questionnaire in Spanish (PDF 2,322k, 336 pages). It is a direct Spanish translation of the English version above.

Korean Translation

Deloitte (Korea) has published 2007 IFRS Compliance Questionnaire (PDF 2,129k, 307 pages). It is a direct Korean translation of the English version above.

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IFRS Model Financial Statements for 2006

English Version

These model financial statements for the year ended 31 December 2006 illustrate the application of the presentation and disclosure requirements of International Financial Reporting Standards (IFRSs) by an entity that is not a first-time adopter of IFRSs. They also contain additional disclosures that are considered to be best practice, particularly where such disclosures are included in illustrative examples provided with a specific Standard.

Translations

Deloitte (Denmark) has published IFRS modelregnskab 2006, the Danish Language Model IFRS Financial Statements for 2006 (PDF 758k, 142 pages). The statements reflect the requirements of Danish law as well as IFRSs. Each item in the financial statements is cross-referenced to the relevant source in IFRSs.
Deloitte (Germany) has published Musterkonzernabschluss 2006, the German Language Model IFRS Financial Statements for 2006 (PDF 2,017k, 133 pages). Each item in the financial statements is cross-referenced to the relevant source in IFRSs.
Deloitte (Slovak Republic) has published Medzinárodné štandardy pre finanèné výkazníctvo: Vzorové finanĉné výkazy 2006 – Model IFRS Financial Statements for 2006 in the Slovak language (PDF 1,970k, 94 pages). Each item in the financial statements is cross-referenced to the relevant source in IFRSs.
Deloitte Anjin LLC (Korea) has published Model IFRS Financial Statements for 2006 (PDF 490k) in the Korean language.

IFRS Presentation and Disclosure Checklist for 2006

English Version

  • IFRS Presentation and Disclosure Checklist for the year ended 31 December 2006 (PDF 561k).
  • IFRS Presentation and Disclosure Checklist (ZIP 410k). The checklist is formatted to allow the recording of a review of financial statements, with a place to indicate yes/no/not-applicable for each presentation and disclosure item. This is a Microsoft Word File Zipped.
  • IFRS 8 Disclosure Checklist (PDF 694k). This is a supplement to the above checklist reflecting the disclosures required by IFRS 8 Operating Segments. IFRS 8 was issued in November 2006 and is effective for annual financial statements for periods beginning on or after 1 January 2009. Earlier application is permitted.

Translations

Deloitte (Germany) has published a German-language translation of the 2006 IFRS presentation and disclosure checklist. The checklist reflects IFRSs issued through 30 June 2006. Click to download Checkliste zu Ausweis-und Angabevorschriften (Presentation and Disclosure Checklist) 2006 (PDF 1,862k, 230 pages, German).

IFRS Compliance Questionnaire 2006

This questionnaire summarises the recognition and measurement requirements in International Financial Reporting Standards (IFRSs) including Interpretations. This questionnaire may be used to assist in considering compliance with those pronouncements. It is not a substitute for your understanding of such pronouncements and the exercise of your judgment. Users of the questionnaire are presumed to have a thorough understanding of the pronouncements and should refer to the text of the pronouncements, as necessary, in considering particular items in this questionnaire. The items in this questionnaire are referenced to the applicable sections of the IFRSs.

This questionnaire addresses the measurement and recognition requirements of IFRSs in issue at 30 June 2006. It does not address presentation and disclosure requirements.

IAS 8.30 requires disclosures regarding Standards and Interpretations issued but not yet effective at the date the financial statements are issued. Therefore, in addition to the contents of this questionnaire, preparers will need to consider any Standards and Interpretations issued between 1 July 2006 and the date of issue of their 2006 financial statements.

The questionnaire is 265 pages long. Click below to download it in either MS Word or PDF format:



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