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IFRS 5

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 5

  • This topic has 2 replies, 2 voices, and was last updated 9 years ago by Avatarnari.
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    Posts
  • May 5, 2016 at 11:03 pm #313876
    Avatarnari
    Member
    • Topics: 259
    • Replies: 175
    • ☆☆☆

    Hello

    Suppose an asset is being sold and it meets the criteria to be classed as asset held for sale (AHFS) but from the view of the potential buyers, the price is not reasonable, can it still be classed as AHFS? I am asking because I am wondering if an exam question gives a situation such as that, would the asset still meet the criteria.

    May 8, 2016 at 8:58 pm #314158
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Hi,

    I suppose it could be possible and would not meet the criteria.

    Thanks

    May 9, 2016 at 3:24 am #314210
    Avatarnari
    Member
    • Topics: 259
    • Replies: 175
    • ☆☆☆

    ok, thanks.

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