CERTYNEX IFRS ACADEMY

Drarvian claims impracticability for four restatements. Which of its arguments are admissible, after every reasonable effort?

The restatement would delay publication by a few days.

The restatement requires estimates of 2023 turnover rates.

The restatement would show a loss in 2024.

The restatement requires assumptions about management's intent in 2022, which nothing documents.

A significant estimate can only be based on a mix of 2023 and 2025 information that cannot be told apart.