IFRS presentation and disclosure checklist for 2008
08 Dec 2008
We have posted Deloitte's IFRS Presentation and Disclosure Checklist for 2008 (Word version). 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.
The checklist is a Microsoft Word File Zipped (502k).
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. |
Our various IFRS model financial statements and related checklists, including translations, are always available here.