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Your essential guides to financial statements

Our Guides to financial statements help you to prepare financial statements in accordance with IFRS Standards. They have three components: 

  • Illustrative disclosures, which illustrate one possible format for financial statements, based on a fictitious multinational corporation; 
  • COVID-19 supplement, which illustrates additional disclosures that companies may need to provide on accounting issues arising from the COVID-19 coronavirus pandemic; and 
  • Disclosure checklist, which identifies the disclosures that may be required based on currently effective standards.

More than a year since the COVID-19 outbreak was declared a global pandemic by the WHO, the impact on companies is far from over. Preparing 2021 interim financial statements is still likely to involve more than the usual update since the last annual financial statements. Investors and other users may expect information above and beyond what is typically disclosed. 

These guides will help you to tell your story based on your specific circumstances: they will help you ensure that your financial reporting provides the information that users need, through clear, meaningful and specific disclosures.

In addition, our COVID-19 financial reporting resource centre  includes articles, blogs and podcasts to help you better understand the accounting and disclosure implications of the COVID-19 pandemic for your company.

Follow 'KPMG IFRS' on LinkedIn and check out IFRS Today for the latest content and topical discussion on IFRS Standards


Annual Illustrative disclosures 2020 edition (PDF 2.95 MB)
2019 edition (PDF 2.9 MB)
2018 edition (PDF 2.7 MB)

Supplements to annual Illustrative disclosures
COVID-19 supplement (PDF 2.5 MB)
IFRS 12 supplement (PDF 1.2 KB)
IFRS 16 supplement (PDF 1.8 MB)
Annual Disclosure checklists 2020 edition (PDF 2.5 MB)
2019 edition (PDF 2.6 MB)
2018 edition (PDF 1.9 MB) 
Interim Illustrative disclosures 2021 edition (PDF 2 MB)
2020 edition (PDF 2.5 MB)
2019 edition (PDF 2 MB) 
Interim Disclosure checklists 2021 edition (PDF 1.7 MB)
2020 edition (PDF 1.45 MB) 
2019 edition (PDF 1 MB) 
Annual Illustrative disclosures for sectors Banks (2020) (PDF 2.4 MB)
Insurers (IFRS 17; 2020) (PDF 3 MB)
Investment funds (2020) (PDF 1.7 MB)