CERTYNEX IFRS ACADEMY

After a sharp post-period fall in its investments, Plundard wonders whether it should change the disclosures already prepared about those investments at the reporting date. What is the answer?

Yes, but only the fair value note, the amounts in the statement of financial position being unchanged.

No, those disclosures are not updated; separate disclosure of the event may be required if it is material.

Yes, all notes on investments must reflect values at the authorisation date.

No, and no disclosure of the fall is ever required, whatever its size.