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IFRS Illustrative Financial Statements (December 2023)

22/ 12/ 2023
  BDO has published its 31 December 2023 Illustrative IFRS Financial Statements. This update includes disclosures relating to the adoption of amendments to IAS 1 and IAS 12 as well as information about other standards that have been issued, but are not yet effective.  Macroeconomic instability and impact of inflation  Recent events have resulted in multiple issues affecting the stability of the global economy including conflicts between countries, rising rates of inflation, energy instability, and uncertainty in the global banking sector noted among other matters.  These factors may have significant financial effects on many entities. These include entities with physical operations in those affected areas and sectors as well as indirect interests (e.g. suppliers and customers, investments and lenders).  These illustrative financial statements reflect changes to the requirements of IFRS Accounting Standards; however, they have not been modified significantly to reflect common effects of these macroeconomic factors. Contact us for a detailed consultation on international financial reporting. Source BDO Global  ЗАВАНТАЖИТИ

BDO has published its 31 December 2023 Illustrative IFRS Financial Statements. This update includes disclosures relating to the adoption of amendments to IAS 1 and IAS 12 as well as information about other standards that have been issued, but are not yet effective. 

Macroeconomic instability and impact of inflation 

Recent events have resulted in multiple issues affecting the stability of the global economy including conflicts between countries, rising rates of inflation, energy instability, and uncertainty in the global banking sector noted among other matters. 

These factors may have significant financial effects on many entities. These include entities with physical operations in those affected areas and sectors as well as indirect interests (e.g. suppliers and customers, investments and lenders). 

These illustrative financial statements reflect changes to the requirements of IFRS Accounting Standards; however, they have not been modified significantly to reflect common effects of these macroeconomic factors.

Contact us for a detailed consultation on international financial reporting.

Source BDO Global 

ЗАВАНТАЖИТИ

This material is provided by a member company or partner organization of the European Business Association as part of an informational collaboration. The Association is not responsible for the accuracy, completeness, or reliability of the information presented. The views, opinions, and recommendations expressed in this material are solely those of the authors and do not reflect the official position of the European Business Association.

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