an entity has an asset that was classified as held for sale however the criteria for 562665

An entity has an asset that was classified as held for sale. However, the criteria for it to remain as held for sale no longer apply. The entity should therefore

(a) Leave the noncurrent asset in the financial statements at its current carrying value.

(b) Remeasure the noncurrent asset at fair value.

(c) Measure the noncurrent asset at the lower of its carrying amount before the asset was classified as held for sale (as adjusted for subsequent depreciation, amortization, or revaluations) and its recoverable amount at the date of the decision not to sell.

(d) Recognize the noncurrent asset at its carrying amount prior to its classification as held for sale as adjusted for subsequent depreciation, amortization, or revaluations.

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