CERTYNEX IFRS ACADEMY

In November 20X5, the board of Casselane adopts a detailed plan to close its foundry unit (site, approximate headcount by function, costs, six-month timetable). In December, dismantling of the furnaces begins and equipment is sold. Is there a constructive obligation at 31 December 20X5?

No, because the closure has not yet been announced to the public.

Yes: a detailed plan and the start of implementation before the reporting date.

No, until all employees have been made redundant.

Yes, but only for the furnaces already dismantled.