Impairment of non current assets held for sale

Question

Is it required to test non current assets held for sale for impairment?

Answer 1

Non current assets held for sale are not within the scope of IAS 36. They are covered by IFRS 5. Therefore you need not test for impairment.

Answer 2

yes, though VIU calculation is not required because there wouldn't be one. Just compare carrying amount to *** selling price (FRS 105)

Answer 3

No because as per IFRS 5 they should be measured at fair value.

Answer 4

This should be measured in accordance with IFRS 5. Once measured and classified as Non-current Asset Held for Sale. All depreciation must stop and it shall be measured at Current/Fair  Selling Price in the available market.