Repository of IFRS annual reports
Repository of IFRS annual reports
Hi everyone,
I am looking for some kind of IFRS version of SEC’s EDGAR to browse real annual reports of large companies under IFRS. I mean, if I want to study US GAAP practices, I can go to EDGAR and go through a lot of 10-Ks. There is a similar repository in my country but IFRS practices available there are considerably flavored like our local GAAP. I am looking for a repository of IFRS disclosure practices (in English) by companies with long IFRS experience. Do you have any suggestions?
I am looking for some kind of IFRS version of SEC’s EDGAR to browse real annual reports of large companies under IFRS. I mean, if I want to study US GAAP practices, I can go to EDGAR and go through a lot of 10-Ks. There is a similar repository in my country but IFRS practices available there are considerably flavored like our local GAAP. I am looking for a repository of IFRS disclosure practices (in English) by companies with long IFRS experience. Do you have any suggestions?
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- Posts: 15
- Joined: 18 Apr 2020, 15:44
Re: Repository of IFRS annual reports
I’m not sure which financial website gives all the disclosures data in a single platform. However, if your comparing disclosures with local GAAP, there is a direct platform which facilitates that called as eIFRS. Here is the link https://eifrs.ifrs.org/eifrs/Faq
I believe, before you go premium, you can check out the disclosures right here in this community on the knowledge base which has lots of illustrative examples from every standard (not for disclosures) and, these standards and disclosures are easy to comprehend.
There are disclosures for all standards, it is better like you mentioned to get them from official guide because there is no guarantee than an entity will or had disclosed all of them.
I believe, before you go premium, you can check out the disclosures right here in this community on the knowledge base which has lots of illustrative examples from every standard (not for disclosures) and, these standards and disclosures are easy to comprehend.
There are disclosures for all standards, it is better like you mentioned to get them from official guide because there is no guarantee than an entity will or had disclosed all of them.
Novice
Re: Repository of IFRS annual reports
Thank you Yasaswi. I have subscribed eIFRS and have full access to annotated standards, illustrative examples, and so on. I am rather looking for living examples of IFRS practices where companies often skip or cheat standards’ requirements so I can draft efficient and reasonably complying IFRS disclosures. Official resources are too serious for that purpose. I’m also interested in the variations of disclosure and accounting practices and want to compare many disclosures so I can find out best practices to follow.
Re: Repository of IFRS annual reports
Hi, I'm not aware of such a repository. When I need to look into actual financial statements, I first pick a company and then google its name with adding "investor relations" to the search query.
I hope it will get easier next year, at least in the EU, when the European Single Electronic Format becomes effective
https://www.esma.europa.eu/policy-activ ... nic-format
I hope it will get easier next year, at least in the EU, when the European Single Electronic Format becomes effective
https://www.esma.europa.eu/policy-activ ... nic-format
Re: Repository of IFRS annual reports
Hi Marek, that’s exactly what I have been doing. It’s very good though to learn that nothing better is currently available than filling up my ‘Annual Reports’ folder with a bunch of downloaded annual report PDFs. I too hope the XBRL things make it much better.
Thank you.
Thank you.
Re: Repository of IFRS annual reports
Yep, browsing through annual reports in pdfs is really time consuming...
Re: Repository of IFRS annual reports
Interesting site, I opened two random profiles and it says that these companies 'have reached their limit for free report views'
it seems that this site expects companies to pay a fee for hosting their reports, I wonder how successful this business model is...
http://www.annualreports.co.uk/Company/ ... nd-limited
http://www.annualreports.co.uk/Company/chorus-ltd
it seems that this site expects companies to pay a fee for hosting their reports, I wonder how successful this business model is...
http://www.annualreports.co.uk/Company/ ... nd-limited
http://www.annualreports.co.uk/Company/chorus-ltd
Re: Repository of IFRS annual reports
It seems readers can also pay for the annual reports. But the pricing is unclear...
http://www.irsolutions.com/irSolutions- ... vices.html
http://www.irsolutions.com/irSolutions- ... vices.html
Re: Repository of IFRS annual reports
Hi, IFRIC's research paper on reverse factoring says that they used 'financial search engine, AlphaSense, to search for disclosure of supply chain financing arrangements in entities’ most recent interim or annual financial statements'.
Has anyone heard about or used this search engine? This might be something that we were looking for.
Has anyone heard about or used this search engine? This might be something that we were looking for.
Re: Repository of IFRS annual reports
Powerful, but not free.
Re: Repository of IFRS annual reports
Doesn’t look affordable for consumer users either
Re: Repository of IFRS annual reports
the EU is working towards European single access point for financial and non-financial information publicly disclosed by companies, maybe they'll create something useful
https://ec.europa.eu/info/consultations ... s-point_en
https://ec.europa.eu/info/consultations ... s-point_en
Re: Repository of IFRS annual reports
that'll be handy.
the UK (I assume outside of this scheme ) has a world-leading offering on this in my experience - fast, easy, free access to all data and accounts also now downloadable as ixbrl files. it can be annoying (paying a tiny fee), painful or impossible to get info from certain countries.
UK register -> https://find-and-update.company-informa ... ce.gov.uk/
the UK (I assume outside of this scheme ) has a world-leading offering on this in my experience - fast, easy, free access to all data and accounts also now downloadable as ixbrl files. it can be annoying (paying a tiny fee), painful or impossible to get info from certain countries.
UK register -> https://find-and-update.company-informa ... ce.gov.uk/