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

The IASB 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.

Given the pace of change in this area, the IASB will also continue to monitor developments to determine whether to take further action.


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