IASB is seeking public comments on a new approach to developing disclosure requirements in IFRS Standards.
The Board has tested this new approach using two IFRS Standards—IFRS 13 Fair Value Measurement and IAS 19 Employee Benefits—and has proposed amendments to the disclosure requirements in those Standards in the Exposure Draft Disclosure Requirements in IFRS Standards—A Pilot Approach.
These proposals would enable companies to enhance their judgement and reduce ‘boilerplate’ information, giving investors more useful information.
The Board is asking for stakeholder comments by 21 October 2021.

For further infomation, please refer to the IASB website