CERTYNEX IFRS ACADEMY

In February 2026, Meurgence identifies an additional loss allowance on a receivable doubtful at 31 December 2025. It records it in its January 2026 books. What is the error?

The additional amount should have been ignored, the receivable already existing at the reporting date.

The loss allowance should have been taken directly to 2026 opening equity.

The entry should have been made on the date of the customer's final settlement.

The adjustment must be recognised in the 2025 accounts.