CERTYNEX IFRS ACADEMY

Sora SA holds retail loans, corporate loans, listed bonds and derivatives (case facts). It prepares the disclosures by class. Which approach is consistent with the rule on grouping into classes?

Group the instruments according to the nature of the information and their characteristics, providing enough detail to reconcile each class to the line items of the statement of financial position.

Take the measurement categories as they are, without asking whether they suit the nature of the information disclosed or whether they can be reconciled to the line items of the statement of financial position.

Group all the instruments into a single class, which avoids having to reconcile the information to the various line items of Sora's statement of financial position.

Create one class per counterparty, whatever the line item of the statement of financial position in which each instrument appears, in order to track each customer's risk.