CERTYNEX IFRS ACADEMY

Fontebrune has recognised as assets sales commissions and set-up costs relating to its contracts with customers. Which set of information must it give about these assets?

Only the total of contract costs recognised as an expense during the year, with no breakdown by category and no information on the judgements made.

Closing balances by category, without the amortisation and impairment losses of the period or the judgements made.

The detail, by name, of the commissions paid to each salesperson during the year, with the signature date of the related contracts.

The judgements on capitalised costs and the amortisation method, closing balances by main category, amortisation and impairment losses of the period.