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Please find below a brief summary of news and events from the IFRS ® Foundation in July:
eight examples to illustrate how companies apply IFRS Accounting Standards when reporting the effects of climate-related and other uncertainties in their financial statements . Comments are due by 28 November 2024;
amendments to address accounting issues that affect companies that translate financial information from a non-hyperinflationary currency to a hyperinflationary currency . Comments are due by 22 November 2024; and
amendments to its newest Standard IFRS 19 Subsidiaries without Public Accountability: Disclosure s to reduce disclosure requirements from new Standards and amendments issued February 2021–May 2024. Comments are due by 27 November 2024.