Illustrative Examples of the Concept of Materiality – – Draft Proposal for Public Comments
DOI:
https://doi.org/10.56362/Rev24107125BKeywords:
IFRS, accounting of effects of climate related risksAbstract
To improve the reporting on the effects of climate-related and other uncertainties in financial statements, IASB published an exposure draft titled “Climate-related and Other Uncertainties in the Financial Statements (Proposed illustrative examples)” in July 2024 for public comments. The exposure draft includes eight examples illustrating how entities can apply IFRS Accounting Standards to report the effects of climate-related and other uncertainties in their financial statements. Comments need to be received by 28 November 2024.
References
(1) IFRS Foundation (2007 … 2016) Međunarodni računovodstveni standard 1 Prezentacija finansijskih izveštaja. Prevod na srpski jezik iz 2020. godine.
(2) IFRS Foundation (2009 … 2016) Međunarodni računovodstveni standard 16 Nekretnine, postrojenja i oprema. Prevod na srpski jezik iz 2020. godine. Међународни рачуноводствени стандард 16 (vladars.net),
(3) IFRS Foundation (2023) Educational material - Effects of climate-related matters on financial statements. effects-of-climate-related-matters-on-financial-statements.pdf (ifrs.org)
(4) IFRS Foundation (2023) IFRS S2 Climate-related Disclosures). IFRS - IFRS S2 Climate-related Disclosures
(5) IFRS Foundation (2024) Exposure draft IFRS® Accounting Standard Climate-related and other uncertainties in the financial statements Proposed illustrative examples. IASBED-2024-5 – Required IFRS Standards
(6) IFRS Foundation (2024) IFRS 18 Presentation and Disclosure in Financial Statements
