CERTYNEX IFRS ACADEMY

To calculate the value in use of a plant, Delmare relies on its budgets and forecasts. What period may these detailed budgets and forecasts cover?

Three years at most, with no exception possible, whatever the quality of the forecasts

The entire remaining useful life of the plant, however long, without any particular justification

Ten years at least, so as to cover a full economic cycle

Five years at most, unless a longer period is justified