IASB consults on the ED Climate-related and Other Uncertainties in the Financial Statements

The IASB published the Exposure Draft Climate-related and Other Uncertainties in the Financial Statements, proposing eight examples to illustrate how companies apply IFRS Accounting Standards when reporting the effects of climate-related and other uncertainties in their financial statements.
the IASB’s proposed examples aim to:
- improve transparency of information in financial statements; and
- strengthen the connection between financial statements and other parts of a company’s reporting, such as sustainability disclosures.

The comment period is open until 28 November 2024