Educational Material 3 - Application of IFRS Standards in light of the Corona Virus Disease (COVID-19) Uncertainty - Disclosure of judgements and sources of estimation uncertainty

This educational material summarises the requirements of IAS 1 and seeks to identify best practice questions that may be considered when contemplating disclosures about judgements and sources of estimation uncertainty under IAS 1. It also illustrate how those questions may be applied to a disclosure example in order to provide meaningful and entity specific disclosures.