CERTYNEX IFRS ACADEMY

Sécurio provides continuous remote monitoring of a customer's warehouses for 2 years, invoiced monthly. Each day of monitoring is distinct and substantially the same; according to the case data, each day would be an obligation satisfied over time whose progress would be measured based on time elapsed. How many performance obligations does Sécurio identify?

730 performance obligations, one per day of monitoring, since each day is distinct.

A single performance obligation, made up of a series of distinct services that are substantially the same and have the same pattern of transfer.

24 monthly performance obligations, corresponding to the invoicing periods.

No performance obligation until the contract is completed, because daily monitoring does not transfer any tangible good to the customer during performance.