CERTYNEX IFRS ACADEMY

On 31 December, Sarlen is still using a workshop. On 15 February, before the accounts are finalised, its board approves a sale plan and all the classification criteria are then met. Which treatment is consistent with IFRS 5 for the 31 December accounts?

The workshop is not classified as held for sale at the closing, and the situation is mentioned in the notes.

The workshop is classified as held for sale at 31 December, because the plan was approved before the accounts were finalised.

The 31 December accounts are adjusted to classify the workshop, the board's decision being treated as an adjusting event after the reporting period.

The workshop is not classified and the absence of classification removes any need for disclosure, since it stays in fixed assets.