The IFRS Foundation has today published near-final examples demonstrating how companies can improve the reporting of uncertainties in their financial statements using climate-related examples as practical illustrations. This early publication is intended to support timely and informed application.
Although the examples use climate-related fact patterns, they provide guidance that applies broadly to all types of uncertainties. The examples demonstrate how companies can apply IFRS Accounting Standards to enhance disclosure of uncertainties in the financial statements.
The International Accounting Standards Board (IASB) developed these examples in response to stakeholder feedback about insufficient information about uncertainties, particularly climate-related uncertainties, and apparent inconsistencies in the information a company provides. The IASB worked with the International Sustainability Standards Board (ISSB) to ensure that these examples work well with the ISSB’s sustainability-related disclosure requirements.
Andreas Barckow, Chair of the IASB, said:
By publishing the examples in near-final form, we are providing companies with earlier visibility of our work.
The IASB expects to issue the final examples in October 2025.
Access the examples
Followable tags
IFRS Accounting Standards development
Applying IFRS Accounting Standards
IFRS 9 Financial Instruments
Connecting IFRS Accounting and IFRS Sustainability
Conceptual Framework for Financial Reporting
IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
IFRS S2 Climate-related Disclosures
IAS 1 Presentation of Financial Statements
IAS 36 Impairment of Assets
IAS 37 Provisions, Contingent Liabilities and Contingent Assets
