CERTYNEX IFRS ACADEMY

A loan measured at amortised cost in Sorvane's accounts nevertheless has its fair value disclosed in the notes. What must the entity state about that fair value?

Nothing more than its amount, since the loan is not measured at fair value in the balance sheet.

Only the level of the hierarchy, without technique or inputs, whatever that level.

The acquisition date of the loan and its original cost, which replace the level information.

The hierarchy level and, for Levels 2 and 3, the techniques and inputs used.