CERTYNEX IFRS ACADEMY

Zeumard, which presents 2025 and 2024, voluntarily adopts a new policy in 2025. Its controller proposes three treatments. Which should be used?

Recognise the cumulative effect in 2025 profit with a note.

Restate 2024 and adjust equity at 1 January 2024, as if the policy had always been applied.

Restate 2024 without adjusting opening equity, the effect of years before 2024 being considered too old to be useful.

Apply the policy from 1 January 2025 without touching 2024.