CERTYNEX IFRS ACADEMY

In its notes, Brivon, which has estimated a spot rate because of non-exchangeability, discloses only the nature and financial effects of the non-exchangeability. Which required disclosure is missing?

The opinion of an independent expert on the estimated rate.

The method of calculating the monthly average of the rates observed on the parallel market.

The amount of the exchange loss, which would be the only addition required beyond what is already disclosed in the notes.

The spot rate or rates used, the estimation process and the risks to which the entity is exposed.