CERTYNEX IFRS ACADEMY

An entity controlled by the government applies the partial exemption. Which disclosures must it nevertheless provide? More than one answer is possible.

The name of the government, the nature of the relationship being covered by the exemption.

The name of the government and the nature of its relationship with the entity (control, joint control or significant influence).

The detail of the balances with each of the entities related to the government, as if there were no exemption.

The nature and amount of each individually significant transaction.

An indication of the proportion of transactions, without naming the government or stating the nature of the relationship.