IFRS | Disclosure about uncertainties in the financial statements

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IFRS | Disclosure about uncertainties in the financial statements

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IFRS | Certification | Raymond Chabot Grant Thornton

Published on September 18, 2025

• 1 min read

The IFRS Foundation has published Disclosures about Uncertainties in the Financial Statements Illustrated using Climate-related Examples, addressing practical application of the disclosure requirements in IFRS Accounting Standards.

The examples were developed by the International Accounting Standards Board (IASB) in collaboration with the International Sustainability Standards Board (ISSB) to address feedback from stakeholders about insufficient information on uncertainties – particularly climate-related uncertainties. The examples also address feedback regarding inconsistencies that may arise in the financial statements by complying with the disclosure requirements of the IFRS Accounting Standards and IFRS Sustainability Disclosure Standards.

Examples on reporting uncertainties

The collection of examples published as “near final” illustrates how entities can improve the reporting of uncertainties in their financial statements to avoid creating inconsistencies within the Annual Report. The examples are mainly focused on climate-related fact patterns. However, the principles and requirements illustrated can be applied to all types of uncertainties.

IFRS Adviser Alert Disclosure about uncertainties in the financial statements – Publication of near-final illustrative examples September 2025

Download the document Adviser_Alert_Reporting_uncertainties_P

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