BC50 Some IFRS Accounting Standards contain disclosure objectives followed by disclosure requirements designed to satisfy those objectives. A disclosure objective is sometimes accompanied by an explicit requirement for a preparer to consider whether additional information beyond that specifically included in the disclosure requirements would be needed to satisfy the disclosure objective. Disclosure objectives are regarded as being helpful for entities in achieving a fair presentation. However, in considering the design of disclosure objectives, the IASB decided that including such objectives in IFRS 19 might result in the perception that entities are required to provide the same disclosures they would otherwise have provided had they not applied IFRS 19. Such an outcome would be contrary to the project objective. Consequently, the IASB decided to exclude disclosure objectives from IFRS 19.

BC51 IFRS Accounting Standards do not always indicate clearly which requirements constitute a disclosure objective. In some IFRS Accounting Standards, a requirement is described as an objective but includes specific disclosure requirements. In other cases, a very general requirement is specified, followed by details of how such a requirement might be satisfied. For this latter category, the general requirements are treated as disclosure objectives and excluded from IFRS 19, with the more specific disclosure requirements that follow those general requirements included as appropriate.