CERTYNEX IFRS ACADEMY

At 31 December N-1, Ion SA measured the loss allowance of a loan on a lifetime basis, after a significant increase in credit risk. At 31 December N, the condition of a significant increase is no longer met. How should the loss allowance be measured at 31 December N?

Again at the amount of the 12-month expected credit losses.

On a lifetime basis, until the loan is repaid.

At 12 months, but restating the loss allowance of year N-1.

On a lifetime basis, at least until the end of year N+1, to confirm the improvement.