Property Asset Held For Sale

[ray105]

Hi, i have a property sitting in AHS for 644K.

May i know if I sell my property now at 500K (my yearend is 31/12/2023), do i need to adjust a 144k loss in fair value in FY2023?

[JRSB]

What is AHS?

I would say that an arm's length sales price at 9 Jan is good evidence of the fair value 9 days earlier.

It's held at fair value, is it?

[Marek Muc]

Yes, unless you can pinpoint events that occurred between the 1/1/2024 and the sale date which reduced the fair value. But it seems unlikely given this short time gap.
https://ifrscommunity.com/knowledge-bas ... ng-period/