CERTYNEX IFRS ACADEMY

For a given prior period, Faldane cannot restate an error retrospectively, for lack of data. What must it disclose about this?

The names of those responsible for losing the data and the sanctions taken.

A lump-sum estimate of the amount not corrected, with no further detail.

Nothing: impracticability removes any disclosure.

The circumstances that led to this situation and how the error has been corrected.