CERTYNEX IFRS ACADEMY

On what criteria does the entity determine the classes of assets and liabilities for the fair value disclosures?

The nature, characteristics and risks of the item, and the level of the hierarchy.

The acquisition date alone of each item, to facilitate follow-up over time.

The amount alone of each item, the largest being isolated with no other criterion.

The choice of the accounting department preparing the notes, according to its own internal organisation.