Skip to main content
IFRS Academy

CERTYNEX IFRS ACADEMY

Search the Academy

Home
My learning path
Exercises & quizzes
Cases
Workpapers
Exams
My progress

JudgmentAdvancedPublished

Question · Policy, estimate or error?

In 2025, Lavrine increases a warranty provision and, in the same year, settles a lawsuit for less than the provision set up. The finance director wants to treat both differences as corrections of 2024 errors. Write a reasoned reply.

Your answer

Judgment question: compare your answer with the criteria and the model explanation.

← Back to the concept