Keeping Track of Non-Current Assets Held for Sale and Discontinued Operations in IFRS

The objective of this session is to specify the accounting for assets held for sale, and the presentation and disclosure of discontinued operations in IFRS. The classification and presentation requirements presented in this session apply to all recognized non‑current assets and to all disposal groups of an entity. This session specifies the disclosures required in respect of non‑current assets (or disposal groups) classified as held for sale or discontinued operations. This presentation outlines an easy-to-understand step-by-step procedure for the accounting for assets held for sale, and the presentation and disclosure of discontinued operations. Course Key Concepts: IFRS, Discontinued operations, Non-current assets, Disclosures.