The IASB is developing proposals to clarify in IAS 37 Provisions, Contingent Liabilities and Contingent Assets:
The IASB met on 13 December 2023 to discuss its project to make targeted amendments to IAS 37 Provisions, Contingent Liabilities and Contingent Assets.
The IASB decided:
All 14 IASB members agreed with this decision.
Exposure Draft
International Accounting Standards Board December 2023