Summary of the May 2025 ASAF meeting now available

The International Accounting Standards Board (IASB) staff have published a summary of the Accounting Standards Advisory Forum (ASAF) meeting held on 28 May 2025.

The ASAF discussed preliminary recommendations on how the IASB should on the feedback received on the Exposure Draft Climate-related and Other Uncertainties in the Financial Statements. This Exposure Draft provides illustrative examples of how climate-related and other uncertainties should be considered when applying IFRS Accounting Standards.

The summary may be accessed here.