The FinancialsIFRS Template can produce yearly, half-yearly and quarterly financial reports.

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Last Updated: 15 December 2016 The FinancialsIFRS Template can produce yearly, half-yearly and quarterly financial

From the CaseWare menu select Engagement Properties > Reporting Dates tab. 2.

For Yearly, ensure Quarterly is selected from the dropdown list. 4. Click OK.

1 Last Updated: 15 December 2016 The FinancialsIFRS Template can produce yearly, half-yearly and quarterly financial reports. The following areas must be setup correctly to accommodate a quarterly file: Engagement Properties 1. From the CaseWare menu select Engagement Properties > Reporting Dates tab. 2. Select the Quarterly checkbox and ensure Independent is selected from the dropdown list. 3. For Yearly, ensure Quarterly is selected from the dropdown list. 4. Click OK. Context Period Selector Single Financial Statements (per engagement file): Select the period the financial statements are to represent. Phone: support@caseware.com.au Web: 1

Multi Financial Statements (within an engagement file): (Recommended) (Please see FAQ 55 for more details on how to insert a second set of accounts into an engagement file).

2 Multi Financial Statements (within an engagement file): (Recommended) (Please see FAQ 55 for more details on how to insert a second set of accounts into an engagement file). The following settings accommodate both full year and quarterly set of financial statements within the one engagement file: 1. Insert four sets of accounts, one for each quarter. 2. Rename each of the newly created folders to reflect the respective quarter. 3. Select Yearly from the Context Period Selector. (full year financials) 4. Right click on a quarterly financial statements document and select Properties, to display the Properties dialog. 5. From the Period: dropdown, select the period the quarterly financial statements are to represent. (Note: Repeat steps 4 and 5 for the Statement of cash flows worksheet (quarterly), if it is to be used in conjunction with the Financials statement document). 2

Import the ASCII / Excel file into CaseWare into the appropriate period.

3 Importing Data When importing data from either an ASCII Text file or an Excel File, ensure the following selections are made within the Import Wizard: 1. Select Quarterly from the Period Date Sequence dropdown. 2. Import the ASCII / Excel file into CaseWare into the appropriate period. This applies to both Current Year and Prior Year Balances. Period 1 = Quarter 1 Period 2 = Quarter 2 Period 3 = Quarter 3 Period 4 = Quarter 4 3

3. Ensure the appropriate advance specification options have been made for the import. Balances being imported are year-to-date: Select if the balances to be imported for year-todate numbers only.

For all other options, please review the on-line help.

4 3. Ensure the appropriate advance specification options have been made for the import. Balances being imported are year-to-date: Select if the balances to be imported for year-todate numbers only. Balances include adjustment: Select when importing year-to-date amounts to ensure that any existing entries in the file are taken into account when calculating the period movement during the import. For all other options, please review the on-line help. Financial Statements Once you have selected your method for setting up the context for your financials, please do the following to prepare your accounts: 1. Open the financial statements document. 2. Select Entity Information and click the Titles and terms button, to display the Titles and Terms dialog. 3. From the Text for Reporting period: dropdown, select Quarter (or alternately enter appropriate description). 4. From the Statements referred to as: dropdown, select Interim (or alternately enter appropriate description). 5. Click OK. 4

6. Within Entity Information, ensure the correct entity is selected. 7.

Click the Areas required button, to view the statement areas that will be generated for the selected entity.

Financial Position Statement of Changes in Equity Statement of Cash Flows Notes to the Financial Statements - Basis of

5 6. Within Entity Information, ensure the correct entity is selected. 7. If another entity is selected, the following Warning dialog will display. Click No. 8. Click the Areas required button, to view the statement areas that will be generated for the selected entity. Only the following statement areas are applicable for quarterly financial statements: Statement of Profit or Loss Statement of Financial Position Statement of Changes in Equity Statement of Cash Flows Notes to the Financial Statements - Basis of Preparation (quarterly specific content) (Note: This is the only note auto-generated) 9. Ensure only the above areas are selected (if required) within the Areas Required Dialog. 10. Click OK. This will start the generation process for the accounts. 5

6 Once the financial statements are generated complete the following: 1. Click in the Statement of Cash Flows table 2. For second, third and fourth quarter sets of financial statements, hide the unrequired three months ended columns by: a. Clicking on Table Tools tab > Edit button > Show/hide columns b. Un-tick the checkboxes of the unrequired columns and click OK. The Comparative Reporting Period settings for each of the statements are as follows: Statement of Profit or Loss - Equivalent period in prior year Statement of Financial Position - Prior year end Statement of Changes in Equity - Equivalent period in prior year Statement of Cash Flows - Equivalent period in prior year To view the Comparative Reporting Period settings for any of the statements: Click anywhere within the relevant statement, to display the context sensitive statement tab. The Comparative Reporting period dropdown is available within the Column area for each of the statements. 6

Two or more CaseWare files representing the entities; making up the economic group; and

Two or more CaseWare files representing the entities; making up the economic group; and Version: 27 January 2017 It is possible to produce a two and four column consolidated report using the Financials template. Prior to creating your consolidation file, ensure you have completed: Two or