On 12 November 2024 the International Accounting Standards Board (IASB) published the Exposure Draft Provisions—Targeted Improvements.
The Exposure Draft sets out proposals for three improvements to IAS 37 Provisions, Contingent Liabilities and Contingent Assets. It is open for comment until 12 March 2025.
The IASB met on 18 June 2025 to discuss a summary of the feedback on its Exposure Draft Provisions—Targeted Improvements. The Exposure Draft proposes targeted amendments to IAS 37 Provisions, Contingent Liabilities and Contingent Assets.
The IASB was not asked to make any decisions.
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International Accounting Standards Board June 2025