5min chapter

IFRS Talks - PwC's Global IFRS podcast cover image

December 2023: IFRIC Update and Net Zero Commitments

IFRS Talks - PwC's Global IFRS podcast

CHAPTER

Introduction

This chapter discusses the IFRS Interpretations Committee's update on net zero commitments and their impact on financial statements. It explores the question of whether such commitments create a constructive obligation and clarifies their recognition in financial reporting.

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