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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.

The pandemic has focused the attention of investors, regulators and other stakeholders on whether and how companies will emerge from the crisis. In such unprecedented times, communicating effectively has never been more important for companies – telling their own story in their financial reports, explaining the judgements made and the estimates used. 

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 2020 edition (PDF 2.5 MB)
2019 edition (PDF 2 MB) 
2018 edition (PDF 2 MB) 
Interim Disclosure checklists 2020 edition (PDF 1.45 MB) 
2019 edition (PDF 1 MB) 
2018 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)