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The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) is challenging.
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Each year, new Standards and amendments are published by the International Accounting Standards Board (IASB) with the potential to significantly impact the presentation of a complete set of financial statements.
The member firms of Grant Thornton International Ltd (‘GTIL’) have extensive expertise in the application of IFRS. GTIL, through its IFRS Team, develops general guidance that supports its member firms’ commitment to high quality, consistent application of IFRS and is therefore pleased to share these insights by publishing ‘IFRS Example Interim Condensed Consolidated Financial Statements 2022’ (‘Interim Financial Statements’).