CERTYNEX IFRS ACADEMY

Claudore is preparing its notes. Under the applicable text, which standard requires it to describe its accounting policies when none of them changed during the year?

No standard: describing policies is optional when nothing has changed.

IAS 10, since the notes are finalised after the reporting date.

IAS 1, to which IAS 8 refers for these disclosures.

IAS 8, which gathers all disclosures on accounting policies.