Skip to main content
IFRS Academy

CERTYNEX IFRS ACADEMY

Search the Academy

Home
My learning path
Exercises & quizzes
Cases
Workpapers
Exams
My progress

CalculationAdvancedVariant — group VG.IFRS13.000104Published

Question · Level 3 reconciliation

For the Level 3 class 'unlisted securities' (recurring measurements, case data), the balance at the start of the year is 1,215,000. Movements for the year: loss in profit or loss 60,000, gain in other comprehensive income 22,000, acquisitions 310,000, settlements 140,000 and transfers out of Level 3 85,000. What closing balance must the reconciliation show?

Balance at start
1,215,000
Loss in profit or loss
60,000
Gain in other comprehensive income
22,000
Acquisitions
310,000
Settlements
140,000
Transfers out of Level 3
85,000
Your answer

← Back to the concept