Australian Government
Australian Accounting Standards Board
Tuesday, August 6, 2024
ED 331 proposes eight examples illustrating how an entity applies the requirements in AASB Accounting Standards to report the effects of climate-related and other uncertainties in its financial statements.
These examples aim to improve transparency of reported information and strengthen the connection between financial statements and other parts of a company’s reporting.
The AASB’s proposed amendments are the same as those proposed by the IASB to IFRS Accounting Standards.
Please submit your comments to the AASB by 4 October 2024, via the AASB website or email to [email protected].