Further examples of industry-specific accounting policies and other relevant This example represents a full set of illustrative financial statements for SMEs which have been tagged using XBRL. These Illustrative Examples accompany IFRS 16 Leases (issued January 2016; see separate booklet) and is published by the International Accounting Standards Board (IASB). This example represents how the requirements in IAS 1 (IG6) to present the Statements of Financial position, Comprehensive Income, and Changes in Equity might be met using detailed XBRL tagging with the use of XBRL footnotes. IFRS Foundation 6 an investee present unique characteristics such as periods of unequal rates of growth (for example, a period of high growth that stabilises later to more steady requirements for lessees in IFRS 16 both at transition and on an ongoing basis. They illustrate aspects of the [draft] IFRS but are not intended to provide interpretive guidance. They represent how reconciliation of gross carrying amount, accumulated depreciation and carrying amount of property, plant and equipment might be tagged using detailed XBRL tagging. IFRS 16 specifies how an IFRS reporter will recognise, measure, present and disclose leases. 1 IFRS 16.51 They are prepared on the assumption that the group is not a first time adopter. Introduction. An error has occurred, please try again later. Online disclosure checklists, general IFRS illustrative statements and compliance questionnaires collected by the ICAEW Library. ILLUSTRATIVE EXAMPLES IDENTIFYING A LEASE IE2 Example 1—Rail cars Example 2—Concession space Example 3—Fibre-optic cable Example 4—Retail unit Example 5—Truck rental Example 6—Ship Example 7—Aircraft Example 8—Contract for shirts Example 9—Contract for energy/power Example 10—Contract for network services Below is the index of all IFRS calculation examples available on IFRScommunity.com that come with an illustrative excel file: IFRS 2 excel examples: share-based payment with service vesting condition and market condition; The IFRS Foundation publishes Illustrative Examples as accompanying materials to the IFRS Standards. ILLUSTRATIVE EXAMPLES IDENTIFYING A LEASE IE2 Example 1—Rail cars Example 2—Concession space Example 3—Fibre-optic cable Example 4—Retail unit Example 5—Truck rental Example 6—Ship Example 7—Aircraft Example 8—Contract for shirts Example 9—Contract for energy/power Example 10—Contract for network services These examples represent how some of the disclosures required by IFRS 7 for financial instruments (in IG14) might be tagged using both block tagging and detailed tagging. This example assumes that all qualifying criteria for hedge accounting are met (see IFRS 9.6.4.1). Introduction BC1 This Basis for Conclusions summarises the International Accounting Standards ... resources, principally examples of what constitutes a mineral reserve. Find out more. These examples represent how some of the disclosures required by IFRS 3 (in IE72) for acquisition of a company might be tagged using both block tagging and detailed tagging. IFRS IN PRACTICE 2019 fi IFRS 9 FINANCIAL INSTRUMENTS 5 1. Disclaimer: the IASB, the IFRS Foundation, the authors and the publishers do not accept responsibility for any loss caused by acting or refraining from acting in reliance on the material in this publication, IFRS Manual of Accounting . These examples are based on illustrative examples from the IFRS for SMEs. About this … year in which it adopts IFRS 16 with a date of initial application of 1 January 2019. More discussion with examples can be found in paragraphs IFRS 9.B6.3.3-4 and in illustrative examples 16-18 accompanying IFRS 9. IFRS Manual of Accounting . IFRS 6 Exploration for and Evaluation of Mineral Resources provides guidance on accounting for exploration and evaluation expenditures, including the recognition of exploration and evaluation assets. They represent how reconciliation of gross carrying amount, accumulated depreciation and carrying amount of property, plant and equipment might be tagged using detailed XBRL tagging. IFRS 6 has the effect of allowing entities adopting the standard for the first time to use accounting policies for exploration and evaluation assets that were applied before adopting IFRSs. We can help you with this challenge and are pleased to share our insights by publishing Example consolidated financial statements 2019 [ 692 kb ] (Example Financial Statements). These Illustrative Examples accompany the Exposure Draft ED/2019/7 General Presentation and Disclosures (issued December 2019; see separate booklet). They illustrate aspects of IFRS … The example disclosures in this supplement relate to a listed corporation in the . IFRS 6 Exploration for and Evaluation of Mineral Resources This Basis for Conclusions accompanies, but is not part of, IFRS 6. This example represents how the requirements in IAS 1 (IG6) to present the Statements of Financial position, Comprehensive Income, and Changes in Equity might be met using detailed XBRL tagging with the use of XBRL footnotes. Illustrative IFRS consolidated financial statements - Investment property 2020. Below is the index of all IFRS calculation examples available on IFRScommunity.com that come with an illustrative excel file: share-based payment with service vesting condition and market condition, share-based payment with non-market performance vesting condition and flexible vesting period, share-based payment with market performance vesting condition and flexible vesting period, share-based payment with variable awards based on market vesting conditions, modification of a share-based payment through repricing of options, modification of a share-based payment through repricing of options and changes in their number, share-based payment transaction with cash alternative, replacement awards in the context of business combinations, illustration of application of amortised cost and effective interest method, revision of cash flows in amortised cost calculation, re-estimation of cash flows in floating-rate instruments, impairment: illustrative calculation of lifetime expected credit losses and 12-month expected credit losses for a loan, impairment: lifetime ECL for trade receivables using a provision matrix, purchased credit-impaired financial asset and credit adjusted effective interest rate, asset that has become credit-impaired after initial recognition, factoring with partial recourse that qualifies for derecognition, loan at below-market interest rate subsidised by government, modification of a financial liability that does not result in a derecognition, fair value of a customer base calculated using multi-period excess earnings method, initial measurement of the right-of-use asset and lease liability, initial measurement of the right-of-use asset and lease liability (quarterly lease payments), initial measurement of the right-of-use asset and lease liability (rent-free periods), reassessment of the lease term with updated discount rate, lease modification – both increase and decrease in scope, lease modification – change in consideration only, accounting for a finance lease by a lessor, exemption for initial recognition of leases under IFRS 16, diminishing balance depreciation with residual value, diminishing balance depreciation without residual value, simple calculation of defined benefit plan, exchange differences eligible for capitalisation, illustration of application of equity method, equity transactions of associate accounted for as deemed disposal, impairment test of a CGU (incl. 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