Our Illustrative Interim Financial Report – half-years ending on or after 31 December 2007 illustrates the presentation and disclosure requirements of AASB 134 Interim Financial Reporting as applied to a half-year financial report for a June year-end entity, i.e. half-years ending 31 December 2007.

What’s new in this version?

New illustrative disclosures include those required by:

• new mandatory Standards and Interpretations, including:
  • AASB 101 (revised) Presentation of Financial Statements
  • AASB 2007-4 Amendments to Australian Accounting Standards arising from ED 151 and Other Amendments
  • Interpretation 11 AASB 2 – Group and Treasury Share Transactions
• early adoption of AASB 8 Operating Segments.

See also:

• What’s new in financial reporting for December 2007?
• Consolidated Model Annual Reports for financial years ending on or after 30 June 2007