CERTYNEX IFRS ACADEMY

In the fair value approach on transition, which standard governs the measurement of the fair value of the group of contracts used as the reference?

IFRS 9, which deals with the measurement of financial instruments.

IFRS 13, which defines fair value measurement.

IAS 36, which deals with the recoverable amount of assets.

IFRS 15, which deals with revenue from contracts with customers.