CERTYNEX IFRS ACADEMY

Mistral SA offers, with an insurance contract, an equipment maintenance service that the case describes as a distinct good or service (case assumption). How should this service be treated?

Keep it in the insurance contract, measured with the fulfilment cash flows of IFRS 17.

Separate it from the insurance contract and account for it under the standard on revenue from contracts with customers (IFRS 15).

Separate it from the insurance contract and account for it under IFRS 9 as a financial instrument.

Separate it from the insurance contract and account for it under the standard on provisions (IAS 37).