CERTYNEX IFRS ACADEMY

Syrgia, which declared a significant dividend on 3 March, before its accounts were authorised on 24 March, does not recognise it as a liability and says nothing about it in its notes. What is the error?

The absence of disclosure in the notes of the declared dividend.

There is no error, since the dividend will be recognised in the following year.

The absence of a dividend liability at 31 December, for the amount declared in March.

The absence of the dividend in profit for the year just ended.