Financial statements are important for making economic decisions. Different types of statements are needed, like general purpose, individual, consolidated, combined, and pro forma. International Financial Reporting Standards (IFRS) regulate the rules for preparing and submitting these statements. The International Accounting Standards Board (IASB) constantly updates the IFRS to improve information submission. Changes have been made in recent years to doctrines, consolidation parameters, index estimation methods, and explanatory notes. It is crucial to understand the purpose and content of each financial statement, their differences, and when to submit each type based on user needs.