Egypt · Egyptian Accounting Standards
Financial statements under the Egyptian Accounting Standards
The income statement and the statement of comprehensive income presented separately, as the presentation standard requires, with employees' profit share and board remuneration in the statement of changes in equity.
What you get
- 94 statement lines — Named as in the Egyptian standards, including deferred tax assets and liabilities.
- 39 ready notes — Including the proposed profit distribution and deferred tax.
- 2 performance statements — The income statement, then the statement of comprehensive income opening with net profit.
- Income tax — The tax line under its Egyptian name instead of zakat.
- Auditor's report — A template in the Egyptian report wording.
- Currency — Egyptian pounds in the statements and notes.
- Arabic and English — From the same file.
Common questions
Is the comprehensive income statement shown with no OCI?
Yes, as a separate statement opening with net profit and closing with total comprehensive income.
Sample report (PDF)
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