Grant Thornton International has published its IFRS Example Consolidated Financial Statements 2026, providing practical illustrations of financial statement presentation and disclosure requirements, including the early adoption of IFRS 18, Presentation and Disclosure in Financial Statements.
Effective for annual reporting periods beginning on or after 1 January 2027, IFRS 18 replaces IAS 1 and introduces revised principles for presenting and disclosing financial information. Organisations that have not yet adopted IFRS 18 should continue referring to the 2025 Example Financial Statements, alongside the relevant updates outlined in Appendix D of the 2026 publication.
For finance teams in Saudi Arabia, this publication serves as a valuable reference for understanding evolving IFRS requirements and preparing for upcoming changes in financial reporting. The publication reflects IFRS developments effective for the year ending 31 December 2026, incorporating updates issued up to 30 September 2026.
