My company is involved in renting of properties and selling of developemt properties. We currently have development properties that are held for immediate sale. However, due to the property is completed and vacant, the unit is available for rental to staff (for recreation purpose) in order to earn rental income. As such, can we still classify the development property as asset held for sale?
The argument is that the asset is saleable at any time if there is interested buyer and there are ongoing plans to make the unit saleable. Hence …

Dear All,
The company has equipment which will be used in providing their service (communication equipment). this equipment will be sold to the costomer or will be given to the costumer temporarly during the service period which the company provides. After the costomer ceased agreement with the company, the equpment is returned to the company and then can be used again. The asset’s useful life is more than one year. By your opinion, how can be treated such equipments according to IFRS, as Inventory, PPE or some other assets (for-sale)?
And if …