CERTYNEX IFRS ACADEMY

In 2025, Gelvane discovers a 2024 error whose amount is small relative to its aggregates, but which took 2024 profit above the threshold of a bonus plan (case data). How should it be approached?

Assess its materiality taking this qualitative context into account, and correct it in the comparatives if material.

Correct it in 2025 profit.

Treat it as immaterial on the basis of its amount alone, with no further review.

Classify it as a change in estimate.