IASB to explore ways to improve reporting of climate-related and other uncertainties in the financia

IASB to explore ways to improve reporting of climate-related and other uncertainties in the financia

The IASB has decided to explore targeted actions to improve the reporting of climate-related and other uncertainties in the financial statements.
The possible actions include development of educational materials, illustrative examples and targeted amendments to IFRS Accounting Standards to improve application of existing requirements.
The press release by the IASB and the material by the IASB currently available to support companies in their reporting of the effects of climate-related and other uncertainties in the financial statements may be accessed here.