CERTYNEX IFRS ACADEMY

An analyst combines in a single group all onerous contracts issued between 2023 and 2026, "to simplify administration". What is the error in this grouping?

It places in the same group contracts issued more than one year apart, whereas the group must be subdivided.

It should create one group per issue month, because the rule sets a monthly cohort.

It measures the one-year limit on the coverage period of each contract, and not on the gap between issue dates.

It should have distinguished the groups by the year in which claims occur, not by the year of issue.