CERTYNEX IFRS ACADEMY

Prima SA acquires Dolce SA, which holds a loan that Dolce originally classified in an IFRS 9 category based on its own management practices. Case assumption: at the acquisition date, Prima's existing conditions and management practices lead, under IFRS 9, to a classification different from Dolce's. Which classification does Prima adopt in the consolidated financial statements?

The one resulting from Prima's conditions and practices at the acquisition date; Dolce's does not bind it.

Dolce's original classification, kept so that the loan does not change category at the acquisition date.

The classification existing when the loan was entered into, reconstructed by the acquirer with the conditions of that time.

A classification freely chosen by Prima at the date the accounts are published, irrespective of the acquisition date.