Your essential guide to disclosures for banks
Our Guides to financial statements help you to prepare financial statements in accordance with IFRS Standards by illustrating one possible format.
Our illustrative disclosures for banks are based on a fictitious banking group involved in a range of general banking activities, which is not a first-time adopter of IFRS Standards. The 2020 edition (PDF 2.4 MB) includes comments highlighting potential additional disclosures in relation to the impact of the COVID-19 coronavirus pandemic that are likely to be relevant for a bank.
It reflects standards in issue at 30 November 2020 that are required to be applied by an entity with an annual period beginning on 1 January 2020, and the early adoption of the IBOR reform Phase 2 amendments.
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The COVID-19 supplement accompanying our Guide to annual financial statements – Illustrative disclosures (September 2020) provides additional illustrative disclosures that entities may need to provide on accounting issues arising from the COVID-19 pandemic and our COVID-19 financial reporting resource centre provides guidance on the financial reporting impact of the coronavirus pandemic.