IFRS gives examples of reporting climate uncertainties

IFRS Foundation unveils near-final examples for uncertainty reporting

The IFRS Foundation has published a set of near-final examples to help companies accurately report financial uncertainties, using climate-related situations for practical reference.   These examples are designed to assist companies in applying existing IFRS Accounting Standards to their financial statements.   The publication of these examples is a response to stakeholder concerns regarding the lack of detailed information about uncertainties.  …

IFRS gives examples of reporting climate uncertainties

The examples show how companies can improve their reporting of uncertainties in their financial statements using climate-related examples as practical illustrations.