CERTYNEX IFRS ACADEMY

A group's fair value table shows on a single line 'Financial instruments' both Level 1 and Level 3 instruments, without distinguishing the levels. What is the error?

The table may contain only Level 1 instruments, the other levels being presented separately.

The table must be replaced by narrative text, a numerical presentation not being allowed.

The table must present the fair value at the beginning of the period and not at the end of the period.

Classes take account of the level: different levels are not combined without distinguishing them.