Publication of near-final examples of climate-related uncertainties in the financial statements

These examples should be published in their final version in October 2025, and are unlikely to be changed. As these are illustrative examples and not amendments to the standards, they are subject to no transitional provisions or endorsement process in the EU and will therefore be applicable immediately. This advance publication is intended to enable entities to anticipate changes with sufficient time before the 2025 reporting date. 

These examples illustrate the disclosure of climaterelated uncertainties, which could equally be disclosed under the standards issued by the ISSB (which has overseen the compatibility of the project with sustainability standards). 

The examples illustrate how a number of IASB accounting standards address uncertainties: 

• IAS 1 / IFRS 18 on materiality, the granularity of disclosures and the assumptions that could result in an adjustment of assets and liabilities within the next financial year; 
• IAS 36 on uncertainties relating to key assumptions in an impairment test; 
• IAS 37 on uncertainties related to long-term liabilities; 
• IFRS 7 on credit risk. 

A near-final draft of its illustrative examples