CERTYNEX IFRS ACADEMY

Arquevin is challenging in court a tax reassessment that has not yet been decided. Which standard governs the disclosures about this unresolved tax dispute, and which standard governs any recognition?

IAS 37 for both disclosure and recognition, as for any dispute.

IAS 12 for disclosure, IAS 37 for recognition.

IAS 37 for disclosure, IAS 12 for recognition.

No disclosure until the court has ruled.