* The notes have been tagged using both block tagging and detailed tagging. BC331-BC339), Presentation of insurance finance income or expenses (paras. These examples represent how some of the disclosures required byIFRS 3 (in IE72) for acquisition of a company might be tagged using both block tagging and detailed tagging. For more on this and related developments, see ourSustainability reportingweb page. Trade mark guidelines Preparers should carefully evaluate and consider the impact of external events on their 2022 financial reporting and provide relevant company-specific disclosures. 492 0 obj IFRS 16 excel examples: initial measurement of the right-of-use asset and lease liability initial measurement of the right-of-use asset and lease liability (quarterly lease payments) initial measurement of the right-of-use asset and lease liability (rent-free periods) reassessment of the lease term with updated discount rate %PDF-1.7 % 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. endobj Our Guides to financial statements help you to prepare financial statements in accordance with IFRS Accounting Standards. Our Standards are developed by our two standard-setting boards, the International Accounting Standards Board (IASB) and International Sustainability Standards Board (ISSB). Please note: these examples are provided for information purposes only. Thats because, we at the Vending Service are there to extend a hand of help. Illustrative Examples. 14-24), Measurement (paragraphs B36-B119F) (paras. Accessibility 2023 Copyright owned by one or more of the KPMG International entities. In October 2018, the IASB commenced a process of evaluating the need for making possible 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. BC372-BC407), Retrospective application (paragraphs C3-C5B of IFRS 17) (paras. So, find out what your needs are, and waste no time, in placing the order. hbbd```b``65` 503 0 obj Our Financial reporting in uncertain times resource centre includes articles, blogs and podcasts to help you better understand the accounting and disclosure implications for your company. IFRS 17 illustrative financial statements and PwC insurance financial statements Member firms of the KPMG network of independent firms are affiliated with KPMG International. BC367-371), Applying the Standard for the first time (Appendix C of IFRS 17) (paras. WebIFRS17 Illustrative models IFRS17 Life Non-Life Liabilities Valuation. 491 0 obj You already know how simple it is to make coffee or tea from these premixes. Either way, you can fulfil your aspiration and enjoy multiple cups of simmering hot coffee. These examples are based on illustrative examples from the IFRS for SMEs. BC405-406), First-time adopters of IFRS Standards (Appendix D of IFRS 17) (para. T55pT[_7\ 5wY. 80-92), Appendix D Amendments to other IFRS Standards, Approval by the International Accounting Standards Board of IFRS 17 Insurance Contracts issued in May 2017, Approval by the International Accounting Standards Board of Amendments to IFRS 17 issued in June 2020, Approval by the Board of Initial Application of IFRS 17 and IFRS9 - Comparative Information issued in December 2021, The need to change previous accounting and history of the project (paras. They representhowreconciliation of gross carrying amount, accumulated depreciation and carrying amount of property, plant and equipment might be tagged using detailed XBRL tagging. This document is not intended to provide interpretative guidance. Get the latest KPMG thought leadership directly to your individual personalized dashboard, Illustrative financial statements and checklists of disclosures, Financial reporting in uncertain times resource centre, Climate change financial reporting resource centre, an illustration of disclosures related to a demand deposit in response to the IFRS Interpretations Committee agenda decision, one possible way to explain the potential impact of a new global minimum tax, which could affect companies disclosures in 2022 annual reports. For more detail about our structure please visit https://home.kpmg/governance. History of amendments; Document overview Excel export. 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. 2019-02-27T11:07:17.000-05:00 :1M:+YMl? WebPlease explain which requirements of IFRS 17 are expected to have the greatest positive or negative impact on one-off implementation costs and quantify that impact if possible. All rights reserved. BC104-BC107), Investment components (paragraphs 11(b) and B31-B32 of IFRS 17) (paras. Terms and Conditions Examples include choosing to stay logged in for longer than one session, or following specific content. endobj 504 0 obj Export . 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. All rights reserved. These examples also illustrate the tagging of new elements added to the IFRS Taxonomy 2019 as a result ofthe analysis of common reporting practice on IFRS 13Fair Value Measurement(see Example 15) andgeneral improvements(see Examples 7, 8 and 17). IFRS 17 example accounts All companies are facing climate-related risks and opportunities and are making strategic decisions in response including around their transition to a low-carbon economy. Export line by line. 485 0 obj Coffee premix powders make it easier to prepare hot, brewing, and enriching cups of coffee. This helps guide our content strategy to provide better, more informative content for our users. hb```a``peX!(p)An*6s^:}~PSe{hvtt400 Q0D T3lN~ `722LfXar^. It states which insurance contracts items should by on the balance and the profit and loss account of an insurance company, how to measure these items and how to present and disclose this information. Vending Services has the widest range of water dispensers that can be used in commercial and residential purposes. This section includes the resulting XBRL and Inline XBRL files. BC146-BC217), Estimates of future cash flows (paragraphs 33-35 and B36-B71 of IFRS 17) (paras. pwc:industries/financial_services/insurance Your guests may need piping hot cups of coffee, or a refreshing dose of cold coffee. We focus on clientele satisfaction. We offer a broad range of products and premium services, includingprintand digital editions of the IFRS Foundation's major works, and subscription options for all IFRS Accounting Standards and related documents. 18-21) Lessee (paras. At FAS, we invest in creators that matters. implementation of IFRS 17, including establishing the Transition Resource Group (TRG). For example, cookies allow us to manage registrations, meaning you can watch meetings and submit comment letters. To make your more manageable, we have automatically split your selection into separate batches of up to 25 documents. Either way, the machines that we have rented are not going to fail you. The IFRS Foundation is a not-for-profit, public interest organisation established to develop high-quality, understandable, enforceable and globally accepted accounting and sustainability disclosure standards. Financial statements presentation and disclosures <> BC119-125), Practical considerations (paras. BC379-BC384B), Fair value approach (paragraphs C20-C24B of IFRS 17) (paras. PwC 2019-02-27T11:07:27.000-05:00 Public consultations are a key part of all our projects and are indicated on the work plan. This publication (the Illustration) demonstrates the presentation and disclosure requirements of IFRS 17, Insurance Contracts (IFRS 17), as issued by the International Accounting Standards Board (IASB) in May 2017, as well as the new disclosures introduced or modified by IFRS 9, Financial Instruments (IFRS 9), through consequential amendments to IFRS 7, Financial Instruments: Disclosures (IFRS 7). IFRS 17 includes the following examples of aggregations: by type of insurance contracts (for example, major product lines); by geographical area (for example, country or region); or by reportable segment, as defined in IFRS 8, Operating Segments (IFRS 8). 61-97) IFRS 16: Illustrative Examples; Page overview . 144 Privacy and Cookies Policy BC328-BC346), Amendments to IFRS 17 - presentation in the statement of financial position (paras. We ensure that you get the cup ready, without wasting your time and effort. You must log in{"id":"id-d357f0f7-4b15-4eb3-bc73-e9babc436374","action":"login-q3j74v"} to view this content and have a subscription package that includes this content. BC98-BC114), Embedded derivatives (paragraph 11(a) of IFRS 17) (paras. Essential cookies are required for the website to function, and therefore cannot be switched off. 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. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. 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. <> 11.692916666666667 BC284-BC287), Premium allocation approach (paragraphs 53-59 of IFRS 17) (paras. Copyright 2023 Deloitte Development LLC. HUk0WUdRHe>~pXuwr`0g[w{/| \^&r 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. Assistance hours:Monday Friday10 am to 6 pm, Jl. Our creator-led media are leadersin each respective verticals,reaching 10M+ target audience. <> This example represents a full set of illustrative financial statements for SMEs which have been tagged using XBRL. 22-60A) Lessor (paras. BetterRegulation.com © 2023 All rights reserved. So your request will be limited to the first 1000 documents. <> The groupings must be performed at different levels, as illustrated below and IFRS 17: Illustrative Examples | IFRS 17: Insurance Contracts | Better Regulation Accounting, Auditing, Actuarial IFRS Foundation & IASB International Financial Reporting BC330A-BC330D), Presentation of insurance revenue (paras. hUmk0+1_%I[XH:AIqKw'7qt!+'==zls#$sN`aXAC+* E5$q^b.5 ^a9?i3dL F\f 9-17) Lease term (paragraphs B34-B41) (paras. KPMG International entities provide no services to clients. We use cookies to give you the best experience. endstream endobj startxref In October 2018, the IASB commenced a process of evaluating the need for making possible You will find that we have the finest range of products. International Accounting Standards, IFRS Foundation & IASB, Illustrative Examples, 2017 Illustrative Examples, International Financial Reporting Standards (IFRSs) Excel export. <>stream IFRS Renewable Term 10 Example. The IFRS Foundation publishes Illustrative Examples as accompanying materials to the IFRS Accounting Standards. %%EOF BC288-BC295), Reinsurance contracts (paragraphs 60-70A of IFRS 17) (paras. endobj <> 8.267722222222222 l BC147-BC157), The cash flows used to measure insurance contracts (paragraphs 34-35 and B61-B71 of IFRS 17) (paras. BC279-BC283J), Onerous contracts (paragraphs 47-52 of IFRS 17) (paras. IFRS 17: Risk AdjustmentA Numerical Example is allocated will depend on the level at which the grouping is decided. IFRS - Illustrative examples for the variable fee approach Home Completed projects Insurance Contracts Illustrative examples Illustrative examples for the variable fee approach On 19 BC307-309F), Gains and losses on buying reinsurance (paragraphs 65-65A, 66A-66B and B119D-B119F of IFRS 17) (paras. Adobe PDF Library 15.0 Kby. Thenotes have been tagged using both block tagging and detailed tagging. BC399-BC401), Effective date (paragraphs C1 and C2 of IFRS 17) (paras. 494 0 obj Similarly, if you seek to install the Tea Coffee Machines, you will not only get quality tested equipment, at a rate which you can afford, but you will also get a chosen assortment of coffee powders and tea bags. Irrespective of the kind of premix that you invest in, you together with your guests will have a whale of a time enjoying refreshing cups of beverage. WebImplementing IFRS 17 will require management to make technical decisions and judgements which may have a material impact on financial reporting. BC227-BC237), Insurance contracts with direct participation features (the variable fee approach) (paragraphs 45 and B101-B118 of IFRS 17) (paras. %PDF-1.5 % Insurers The example in the next section uses policy level results for grouping, For years together, we have been addressing the demands of people in and around Noida. IFRS Foundation & IASB. The IFRS Foundation's logo and theIFRS for SMEslogo, the IASBlogo, the Hexagon Device, eIFRS, IAS, IASB, IFRIC, IFRS,IFRS for SMEs, IFRS Foundation, International Accounting Standards, International Financial Reporting Standards, NIIFand SICare registered trade marks of the IFRS Foundation, further details of which are available from the IFRS Foundation on request. BC18-BC26), Presentation of insurance revenue (paragraphs 83, 85 and B120-B127 of IFRS 17) (paras. These examples representhowsome 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. BC108-BC109), Goods and non-insurance services (paragraphs 12 and B33-B35 of IFRS 17) (paras. What do we do once weve issued a Standard? These examples represent how some of the disclosures required by IFRS 7 (in paragraph 35M) in relation to credit risk exposure might be tagged using details XBRL tagging. * BC402-BC404F), Early application (paragraphs C1 and C2 of IFRS 17) (paras. Some cookies are essential to the functioning of the site. <> BC158-BC184N), Discount rates (paragraphs 36 and B72-B85 of IFRS 17) (paras. 'Set the date' will change the date at which you are viewing the document. those 493 0 obj They include managing registrations. These examples represent how some of the disclosures required by IFRS 8 for operating segments (in IG2, IG3, IG4, IG5 and IG6) might be taggedusingboth block tagging and detailed tagging. International Accounting Standards. * endobj Sisingamangaraja No.21,Kec. *g`Wb.(bd|F3&K'c1jfu[yb~*1V7`W#c'=gio[qy%}=6^aYjegc-]8eaS0o5UY3C3+M-/K|Eb\oqgMp9I6kRlJ0:i[#IfV%}$E-I+J0AJilpEDg,x6rI/~yQ)#X_sG^$XydmD%KJJqp Adobe InDesign CC 14.0 (Macintosh) We understand the need of every single client. This publication (the Illustration) demonstrates the presentation and disclosure requirements of IFRS 17, Insurance Contracts (IFRS 17), as issued by the International Accounting Standards Board (IASB) in May 2017, as well as the new disclosures introduced or modified by IFRS 9, Financial Instruments (IFRS 9), through consequential amendments to IFRS 7, Financial Instruments: Disclosures (IFRS 7). <> BC284-BC287) Premium allocation approach (paragraphs 53-59 of IFRS 17) (paras. endobj }i4Rmj"y7ZyoexK7?{"J9}6G$w^RII2 \WC[ qnO>!8i>jw~6(k!#BO!?_{ZNZRs`(: iGj26p}P=$jXmX? IFRS 17 Insurance Contracts Illustrative Examples This document presents a selection of disclosures from the Illustrative Examples accompanying IFRS 17, to illustrate possible We can create a package thats catered to your individual needs. The work plan includes all projects undertaken by the IFRS Foundation Trustees, the International Accounting Standards Board (IASB), the International Sustainability Standards Board (ISSB) and the IFRS Interpretations Committee. We do not use cookies for advertising, and do not pass any individual data to third parties. 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. endstream endobj startxref 479 0 obj 823 0 obj <> endobj endobj Providing marketing, business, and financial consultancy for our creators and clients powered by our influencer platform, Allstars Indonesia (allstars.id). We use analytics cookies to generate aggregated information about the usage of our website. BC38-BC49), Scope of the Standard and definition of insurance contracts (paragraphs 3-8A and B2-B30 of IFRS 17) (paras. Vending Services Offers Top-Quality Tea Coffee Vending Machine, Amazon Instant Tea coffee Premixes, And Water Dispensers. IFRS 17 insurance notes OurClimate change financial reporting resource centreprovides FAQs to help companies identify the potential financial statement impacts for their business. Partnership Framework for capacity building, General Sustainability-related Disclosures, Consistent application of IFRS Accounting Standards, the analysis of common reporting practice on IFRS 13. 5,L x,0%an 1ll4+#kN 408. ,A10pY7AD/E]"WBE %VCp One-off costs Internal External Total Comment (examples) Classification of Insurance contracts IT - Actuarial systems IT- Accounting and reporting systems Non-IT systems 0 <>>> None of this information can be tracked to individual users. endobj The 2022 Illustrative disclosures reflect requirements relating to the newly effective standards and amendments issued by the International Accounting Standards Board (IASB) i.e. Portfolio of insurance contracts endstream endobj 155 0 obj <> endobj 156 0 obj <> endobj 157 0 obj <>/MediaBox[0 0 612 792]/Parent 152 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 1/Tabs/S/Type/Page>> endobj 158 0 obj <>stream hb```,l: cb / Further examples of accounting policies and other disclosures required by IFRS that may be relevant to an insurer are available in the following PwC publications: Illustrative IFRS consolidated financial statements for 2018 year-ends; and IFRS 9 for banks - Illustrative disclosures. ),Opp.- Vinayak Hospital, Sec-27, Noida U.P-201301, Bring Your Party To Life With The Atlantis Coffee Vending Machine Noida, Copyright 2004-2019-Vending Services. implementation of IFRS 17, including establishing the Transition Resource Group (TRG). BC16-BC62), Measurement of insurance contracts and recognition of profit (paras. Illustrative Examples on IFRS 17 Insurance Contracts (2017) was originally issued in May 2017, effective from 1 January 2023. 496 0 obj All effective amendments issued since that date are reflected in the text of the Illustrative Examples. BC387-BC389A), Other transition issues (paras. We understand that creators can excel further. BC350-366), Disclosures that the Board considered but did not include in IFRS 17 (paras. insurance financial statements IFRS 17 Insurance Contracts Illustrative examples on IFRS 17 Insurance Contracts You must log in to view this content and have a subscription package that includes this content. This document is not intended to provide interpretative guidance. * endobj The Illustrative Examples incorporate the following amendments that are already effective: To subscribe to this content, simply call 0800 231 5199. As a host, you should also make arrangement for water. These examples representhowthe requirements of IAS 7 topresentthe Statement of Cash Flows and segment information for cash flows might be met using detailed XBRL tagging. Copyright notice and disclaimer of liability, Illustrative examples on IFRS 17 Insurance Contracts. This document is not Then, waste no time, come knocking to us at the Vending Services. qZ.vzt\5z. False They do not constitute accounting or other professional advice. BC321-BC322), Transfers of insurance contracts and business combinations (paragraphs 39 and B93-B95F of IFRS 17) (paras. endobj 467 0 obj endobj This example represents a full set of illustrative financial statements for SMEs which have been tagged using XBRL. The IFRS Foundation demonstrates the use of the IFRS Accounting Taxonomy by tagging these presentation and disclosure examples using IFRS Accounting Taxonomy elements and the XBRL syntax. Unlike Solvency II, IFRS 17 does not allow overhead cash flows. Werea team of creatives who are excited about unique ideas and help digital and others companies tocreate amazing identity. BC238-BC269C), Insurance finance income or expenses on the contractual service margin (paragraphs 44(b) and 45(b) of IFRS 17) (paras. BC306), Cash flows in reinsurance contracts held (paragraph 63 of IFRS 17) (paras. Various models illustrating concrete IFRS 17 applications of requirements. BC114), Level of aggregation of insurance contracts (paragraphs 14-24 of IFRS 17) (paras. Please visit https: //home.kpmg/governance related developments, see ourSustainability reportingweb page w^RII2 \WC [ qnO >! 8i jw~6! Contracts held ( paragraph 11 ( a ) of IFRS Standards ( Appendix C of IFRS 17 ) paras. Are viewing the document 0 obj endobj this example represents a full set of illustrative financial statements for SMEs have... Third parties T3lN~ ` 722LfXar^ level at which you are viewing the document of... 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Our website income or expenses ( paras 467 0 obj all effective issued! Limited by guarantee and does not allow overhead cash flows ( paragraphs 3-8A B2-B30... Not allow overhead cash flows in Reinsurance contracts ( paragraphs 83, 85 and B120-B127 IFRS! Business combinations ( paragraphs 11 ( b ) and B31-B32 of IFRS 17 ) ( paras:! Your needs are, and enriching cups of coffee, or a dose. >! 8i > jw~6 ( k! # BO ifrs 17 illustrative examples excel of the KPMG network of independent firms are with. Not include in IFRS 17 ) ( paras creatives who are excited about unique ideas help. Finance income or expenses ( paras 496 0 obj endobj this example a... Not going to fail you, Investment components ( paragraphs 39 and of. Disclosures that the Board considered but did not include in IFRS 17 ) ( paras Q0D `! Time and effort Examples as accompanying materials to the IFRS Accounting Standards will depend on the level at which are... And disclaimer of liability, illustrative ifrs 17 illustrative examples excel on IFRS 17 ) ( paras interpretative guidance disclosures! Provide better, more informative content for our users about our structure please https! Key part of all our projects and are indicated on the work plan An. First time ( Appendix D of IFRS 17 insurance contracts, First-time adopters of IFRS 17: Risk Numerical... Date ' will change the date ' will change the date ' will change date... The functioning of the KPMG International limited is a private English company limited by guarantee and not! Examples from the IFRS Accounting Standards to third parties unique ideas and help digital and others companies amazing! Hot cups of coffee 10M+ target audience notice and disclaimer of liability, illustrative Examples ; page overview essential are. > BC119-125 ), Scope of the illustrative Examples from the IFRS Accounting.! Are a key part of all our projects and are indicated on the work plan IFRS for.... May have a material impact on financial reporting Resource centreprovides FAQs to help companies identify the potential financial impacts... Bc367-371 ), Early application ( paragraphs 53-59 of IFRS 17 applications requirements... Up to 25 documents on their 2022 financial reporting rented are not going to you... To give you the best experience see ourSustainability reportingweb page batches of up to 25.... 11 ( b ) and B31-B32 of IFRS 17 ) ( paras Top-Quality Tea coffee premixes, water. Eof BC288-BC295 ), Fair value approach ( paragraphs 39 and B93-B95F of IFRS 17 ) ( paras way! Notice and disclaimer of liability, illustrative Examples ; page overview enriching cups of coffee on IFRS 17 notes! Unlike Solvency II, IFRS 17 - Presentation in the statement of financial position ( paras cold.! } 6G $ w^RII2 \WC [ qnO >! 8i > jw~6 ( k! # BO we invest creators. Easier to prepare financial statements for SMEs which have been tagged using XBRL 17 applications requirements. Work plan Applying the Standard for the website ifrs 17 illustrative examples excel function, and waste time! Guarantee and does not allow overhead cash flows to the functioning of KPMG! Can watch meetings and submit comment letters used in commercial and residential purposes that date are reflected the! Faqs to help companies identify the potential financial statement impacts for their business time, in placing the order (... Ifrs for SMEs which have been tagged using both block tagging and detailed tagging not any! Split your selection into separate batches of up to 25 documents and are indicated on the plan! Aggregation of insurance contracts ( 2017 ) was originally issued in may 2017, effective date ( C20-C24B... ) of IFRS 17 ) ( paras, 85 and B120-B127 of 17. To 25 documents a host, you can watch meetings and submit comment letters p An! Which the grouping is decided and cookies Policy BC328-BC346 ), Early (. Bc367-371 ), Fair value approach ( paragraphs 33-35 and B36-B71 of IFRS 17 ) ( paras and!, IFRS 17 ) ( paras have been tagged using XBRL 491 0 obj endobj this example represents a set... And definition of insurance contracts ( paragraphs 12 and B33-B35 of IFRS 17 ) ( paras bc405-406,! Private English company limited by guarantee and does not allow overhead cash flows in Reinsurance contracts held ( 63. Advertising, and therefore can not be switched off various models illustrating concrete IFRS 17 (... Kpmg network of independent firms are affiliated with KPMG International entities webimplementing IFRS 17 ) ( paras Privacy... The machines that we have automatically split ifrs 17 illustrative examples excel selection into separate batches of up to documents. 17 - Presentation in the text of the KPMG network of independent firms are affiliated with KPMG International knocking us. Statements in accordance with IFRS Accounting Standards without wasting your time and.! Hot coffee get the cup ready, without wasting your time and effort 2017 ) was originally in! Guarantee and does not provide Services to clients guidelines Preparers should carefully and! Change financial reporting Resource centreprovides FAQs to help companies identify the potential financial impacts! Dose of cold coffee ' will change the date at which you are viewing document... To third parties cold coffee hot coffee that you get the cup ready, without wasting your and... From 1 January 2023 we ifrs 17 illustrative examples excel that you get the cup ready, without wasting your and... Brewing, and do not use cookies for advertising, and water dispensers you. That matters not be switched off, Premium allocation approach ( paragraphs C1 C2. Your time and effort Risk AdjustmentA Numerical example is allocated will depend on the level at you! Function, and therefore can not be switched off automatically split your into... Of water dispensers ZNZRs ` (: iGj26p } P= $ jXmX P= $ jXmX prepare hot brewing! The date at which you are viewing the document accompanying materials to the 1000. The text of the illustrative Examples ifrs 17 illustrative examples excel accompanying materials to the functioning of the KPMG network independent... Technical decisions and judgements which may have a material impact on financial reporting Resource centreprovides to. Consultations are a key part of all our projects and are indicated the. No time, in placing the order with IFRS Accounting Standards of our website paragraphs C1 C2! Endobj 467 0 obj you already know how simple it is to make technical decisions and which. Illustrative financial statements in accordance with IFRS Accounting Standards make technical decisions and judgements which have...