CAF-6 · Chapter 14 · Question 2 of 15
What is the primary objective of IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information)?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) To require companies to disclose information about sustainability-related risks and opportunities that is useful to users in making decisions relating to providing resources to the entity.
Explanation
IFRS S1 aims to ensure that an entity discloses material information about all sustainability-related risks and opportunities that could reasonably be expected to affect the entity's cash flows, access to finance or cost of capital.
More ESG and Sustainability MCQs
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