December 2025 Tier 1 models and financial reporting considerations

What’s inside:

• Key reporting considerations: Essential insights and updates for the December 2025 reporting season
• Sustainability reporting: A new section E provides requirements and guidance for first-time mandatory sustainability reporting, expanding on an updated summary of global and Australian sustainability reporting developments
• New reporting standards: Global and Australian updates on new standards and other pronouncements and their implications for your financial and sustainability reports
• ASIC and ASX requirements. Guidance on meeting expectations and avoiding common pitfalls in your disclosures
• Illustrative disclosures: Detailed examples to help you prepare your financial reports
• Australian-specific disclosures: Tailored guidance for compliance with local regulations.

Why download?

• Respond to mandatory sustainability reporting
• Ensure compliance with the latest corporate reporting standards
• Gain insights into best practices for transparent and effective corporate reporting
• Stay on top of key developments and likely changes.

Download December 2025 Tier 1 models and reporting considerations.

Note: At the time of producing this document, the final version of the December 2025 IFRS Illustrative Financial Statements had not been published.  The final version will include appendices demonstrating the required disclosures upon early application of the amendments to IFRS 9 and IFRS 7 titled 'Amendments to the Classification and Measurement of Financial Instruments', which were published by the IASB in May 2024, and 'Contracts Referencing Nature-dependent Electricity',  published by the IASB in December 2024.  Therefore, this publication does not contain appendices 2 and 3. This publication will be updated when the final December 2025 IFRS Illustrative Financial Statements are published.  The final version of the December 2025 IFRS Illustrative Financial Statements will also be made available on www.iasplus.com.

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