CERTYNEX IFRS ACADEMY

In 20X2, Pelvane reversed a write-down of inventories recognised in 20X1. In addition to the amount of the reversal, which information does IAS 2 require on this matter?

The fair value of all inventories at the year-end, compared with their carrying amount.

The circumstances or events that led to the reversal.

The list of customers to whom the items concerned were sold after the reversal.

The forecast selling price of the items concerned for the following year, prepared by management.