Our Guides to financial statements help you to prepare financial statements in accordance with IFRS. They are compliance focused and have two components:

• Illustrative disclosures that illustrate one possible format for financial statements prepared under IFRS, based on a fictitious multinational corporation; and

• a companion Disclosure checklist, which identifies the disclosures required for currently effective requirements.

However, these guides should not be used as boiler plate templates. The preparation of your own financial statements requires judgement, in terms of the choice of accounting policies, how the disclosures should be tailored to reflect your specific circumstances, and the materiality of disclosures in the context of your organisation.

Each guide reflects IFRSs that have been published by a specified date and are required to be applied by an entity with a specified annual period – e.g. standards in issue at 31 December 2024 that are required to be applied by an entity with an annual period beginning on 1 January 2024.

• 2024 NZ IFRS RDR illustrative Financial Statements
• 2023 NZ IFRS RDR illustrative Financial Statements

View the Global IFRS guides.