CERTYNEX IFRS ACADEMY

A property is partly leased to third parties and partly occupied by the entity. Which condition leads to accounting separately for the leased part and the occupied part?

The part occupied by the entity exceeds half of the total area of the property.

The entity decides freely in its accounting policy choice, with no other condition.

The property is measured at fair value, which requires the two parts to be separated.

The parts could be sold separately or leased out separately under a finance lease.