Illustrative financial statements and accounting guides

Illustrative financial statements

These publications provide an illustrative set of consolidated financial statements, prepared in accordance with Philippine Financial Reporting Standards (PFRS).

This illustrative set of financial statements is intended for general reference only. They are not a substitute for reading the standards and interpretations themselves or for professional judgment as to fairness of presentation. They do not cover all possible disclosures that PFRS requires, nor do they take into account any specific legal framework. Further specific information may be required in order to ensure fair presentation under PFRS. We recommend that readers refer to our PFRS Disclosure and Content Checklist as well as our Securities and Exchange Commission (SEC and Bureau of Internal Revenue (BIR) Disclosure Checklists.