CERTYNEX IFRS ACADEMY

Mistral SA, a lessor, holds lease receivables under IFRS 16. Which statement about the impairment of these receivables is consistent with IFRS 9?

It applies the general approach in three stages, as for a loan, because lease receivables are not eligible for the simplified approach.

They are excluded from the impairment requirements of IFRS 9, because the lease contract falls under IFRS 16.

It chooses the simplified approach as an accounting policy, with a single policy for each type of asset.

It chooses the simplified or the general approach receivable by receivable, according to the risk of each customer.