CERTYNEX IFRS ACADEMY

To lighten its notes, a group lumps together in a single category 'Financial instruments' instruments that are very different in nature and risk. What does a reviewer say about this practice?

It is compliant, because the standard requires limiting the notes to a single category for all measurements.

It is compliant, provided the level of detail is the same as in the previous year.

It is open to challenge: heterogeneous categories are not combined to the point of obscuring risks.

It is open to challenge only if the lumped amounts exceed the materiality threshold set by the standard.