Head office: Columbus Building, 7 Westferry Circus, Canary Wharf, London E14 4HD, UK. IFRS 16 LEASES ILLUSTRATIVE EXAMPLES IDENTIFYING A LEASE IE2 Example 1—Rail cars Example 2—Concession space Example 3—Fibre-optic cable Example 4—Retail unit Example 5—Truck rental Example 6—Ship Example 7—Aircraft Example 8—Contract for shirts Example 9—Contract for energy/power Example … These examples represent how some of the disclosures required by IFRS 15 (in paragraphs 114-115 and B87-B89) in relation to dissagregation of revenue from contracts with customers might be tagged using detailed XBRL tagging. Invalid characters in 'Your Query' field. These examples represent how some of the disclosures required by IFRS 7 for financial instruments (in IG14) might be tagged using both block tagging and detailed tagging. These examples are based on illustrative examples from the IFRS for SMEs. This example represents a full set of illustrative financial statements for SMEs which have been tagged using XBRL. These examples represent how some of the disclosures required by IFRS 8 for operating segments (in IG2, IG3, IG4, IG5 and IG6) might be tagged using both block tagging and detailed tagging. It assumes that the temporary exemption from IFRS 9 was applied before 1 January 2023, as permitted by IFRS … The notes have been tagged using both block tagging and detailed tagging. These Illustrative Examples accompany IFRS 16 Leases (issued January 2016; see separate booklet) and is published by the International Accounting Standards Board (IASB). These examples are based on illustrative examples from the IFRS for SMEs. This example represents how the requirements in IAS 1 (IG6) to present the Statements of Financial position, Comprehensive Income, and Changes in Equity might be met using detailed XBRL tagging with the use of XBRL footnotes. Which of the above 3 options fall within the scope of IFRS 2? These examples represent how some of the disclosures required by IFRS 1 (IG63) for reconciliation of equity and total comprehensive income in the case of first-time adoption of IFRSs might be tagged using detailed XBRL tagging. Scope 9 3. The SPPI contractual cash flow characteristics test 17 3.1.2… Examples from IAS 12 (Example 2 - Illustrative disclosure) representing some of the disclosures required by IAS 12 for … These examples represent how the requirements of IAS 7 to present the Statement of Cash Flows and segment information for cash flows might be met using detailed XBRL tagging. These examples represent how some of the disclosures required by IAS 12 (in Example 2 - Illustrative disclosure) for income taxes might be tagged using both block tagging and detailed tagging. Hold to collect business model 15 3.1.2. Accounting for share-based payments under IFRS 2: The essential guide Guide produced by EY in April 2015 giving an overview of IFRS 2 with examples and a glossary of terms. This updated handbook aims to help you apply IFRS 2 in practice and explains . These examples represent how some of the disclosures required by IFRS 3 (in IE72) for acquisition of a company might be tagged using both block tagging and detailed tagging. 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 15 supplement (PDF 1.5 MB) IFRS 16 supplement (PDF 1.8 MB) Annual Disclosure checklists: 2020 edition (PDF 2.5 MB) 2019 edition (PDF 2… These examples represent how some of the disclosures required by IFRS 17 (in paragraphs 100, 101 and 106) in relation to reconciliation of components of insurance contracts and analysis of insurance revenue might be tagged using detailed XBRL tagging. Inline XBRL; ZIP; Example 12: Consolidated and Separate Statements of Financial Position. Accessibility   |   Privacy   |   Terms and Conditions   |   Trade mark guidelines   |   All legal information   |   Using our website. The IFRS Foundation's logo and the IFRS for SMEs® logo, the IASB® logo, the ‘Hexagon Device’, eIFRS®, IAS®, IASB®, IFRIC®, IFRS®, IFRS for SMEs®, IFRS Foundation®, International Accounting Standards®, International Financial Reporting Standards®, NIIF® and SIC® are registered trade marks of the IFRS Foundation, further details of which are available from the IFRS Foundation on request. These examples represent how some of the disclosures required by IFRS 13 (in paragraphs 93 and IE60-63) in relation to fair value measurement might be tagged using detailed XBRL tagging. Examples of some of the arrangements that would be accounted for under IFRS 2 include call options, share appreciation rights, share ownership schemes, and payments for services made to external … These examples represent how some of the disclosures required by IFRS 2 (in IG23) for share-based payment arrangements might be tagged using both block tagging and detailed tagging. The IFRS Foundation's logo and the IFRS for SMEs® logo, the IASB® logo, the ‘Hexagon Device’, eIFRS®, IAS®, IASB®, IFRIC®, IFRS®, IFRS for SMEs®, IFRS Foundation®, International Accounting Standards®, International Financial Reporting Standards®, NIIF® and SIC® are registered trade marks of the IFRS Foundation, further details of which are available from the IFRS Foundation on request. Please complete the CAPTCHA field to verify you are human. This example represents how the requirements in IAS 1 (IG6) to present the Statements of Financial position, Comprehensive Income, and Changes in Equity might be met using detailed XBRL tagging with the use of XBRL footnotes. The IFRS Taxonomy Illustrative Examples 2017–2020 include the latest Inline XBRL version. These examples illustrate the presentation and disclosure requirements in those Standards. 2.4.2. Session expired, please refresh your browser. They represent how reconciliation of gross carrying amount, accumulated depreciation and carrying amount of property, plant and equipment might be tagged using detailed XBRL tagging. The scope and authority of Interpretations are set out in paragraphs 2 and 7–16 of the Preface to International Financial Reporting Standards. These examples represent how the requirements of IAS 7 to present the Statement of Cash Flows and segment information for cash flows might be met using detailed XBRL tagging. These examples represent how some of the disclosures required by IFRS 13 (in paragraphs 93 and IE60-63) in relation to fair value measurement might be tagged using detailed XBRL tagging. IFRS IN PRACTICE 2019 fi IFRS 9 FINANCIAL INSTRUMENTS 3 TABLE OF CONTENTS 1. Amortised cost 15 3.1.1. Income tax (expense) and reconciliations. Page 2 of 6 Example 3 It’s based on actual questions that have arisen in practice around the world and includes illustrative examples and journal entries to elaborate or clarify the practical application of IFRS 2. They represent how reconciliation of gross carrying amount, accumulated depreciation and carrying amount of property, plant and equipment might be tagged using detailed XBRL tagging. It provides detailed guidance along with illustrative examples… Please remove any invalid characters ('', '+', '|'), links or URLs (e.g www.ifrs.org, http://www.ifrs.org) from the 'Your query' field and re-submit. These examples represent how some of the disclosures required by IAS 12 (in Example 2 - Illustrative disclosure) for income taxes might be tagged using both block tagging and detailed tagging. Expected recognition of the contractual service margin 61 2.5. These examples represent how some of the disclosures required by IFRS 14 in relation to regular deferral account balances might be tagged using detailed XBRL tagging. You can view which cookies are used by viewing the details in our privacy policy. The IFRS Foundation publishes Illustrative Examples as accompanying materials to the IFRS Standards. IFRS 15 on estimating variable consideration (Examples 2–3); and (b) paragraph B63 of IFRS 15 on consideration in the form of sales-based or usage-based royalties on licences of intellectual property (Example 4). Disclaimer: the IASB, the IFRS … If the IFRS Interpretations … Session expired, please refresh your browser. These examples are based on illustrative examples from the IFRS for SMEs. These examples represent how some of the disclosures required by IFRS 8 for operating segments (in IG2, IG3, IG4, IG5 and IG6) might be tagged using both block tagging and detailed tagging. IFRS 9 This guide illustrates example disclosures for the initial application of IFRS 17 and IFRS 9 and their consequential amendments to other standards for an annual reporting period beginning on 1 January 2023. IFRS 9 paras 5.5.1, 5.5.2, 5.7.11, IE example 13, impairment of debt instruments at FVTOCI IFRS 9, IFRS 7 paras 21-24G, derivatives policies and certain hedge accounting disclosures, costs IFRS 9 adopted, IFRS … These examples are based on illustrative examples … Inline XBRL; ZIP; Example 12: Consolidated and Separate Statements of Financial Position. These examples also illustrate the tagging of new elements added to the IFRS Taxonomy 2019 as a result of the analysis of common reporting practice on IFRS 13 Fair Value Measurement (see Example 15) and general improvements (see Examples 7, 8 and 17). Examples of items included in the scope of IFRS 2 are share ap­pre­ci­a­tion rights, employee share purchase plans, employee share ownership plans, share option plans and plans where the issuance of … Life Risk 62 2.5.1. Practical guide to Phase 2 amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 for interest rate benchmark (IBOR) reform The IASB has issued amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS … Section 2 Illustrative examples—Liabilities Proposed definition and key supporting concepts Examples 2.1 Product warranties 2.2 Contaminated land constructive obligation 2.3 A court case 2.4 Long service leave 2.5(a)–(c) Levies (three examples) 2.6(a)–(b) Restructuring costs (two examples) … INTERPRETATION DECEMBER 2016 IFRS … These examples represent how some of the disclosures required by IFRS 7 for financial instruments (in IG14) might be tagged using both block tagging and detailed tagging. IFRS 17 – Insurance Contracts – Illustrative example on the Variable Fee Approach EFRAG TEG meeting 23 February 2016 Paper 02-02, Page 2 of 41 Table of Contents IFRS 17 Insurance Contracts Illustrative example … IFRS 2 requires an entity to reflect the effect of share-based payment transactions (including share options to employees) in its profit or loss and statement of financial position.. What is a share-based … These examples represent how some of the disclosures required by IFRS 3 (in IE72) for acquisition of a company might be tagged using both block tagging and detailed tagging. The IFRS Taxonomy Illustrative Examples 2017–2020 include the latest Inline XBRL version. These examples represent how some of the disclosures required by IFRS 7 for financial instruments (in IG14) might be tagged using both block tagging and detailed tagging. Definitions and scope 8 2.1. implications of IFRS and the possible solutions for investment management companies. 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