Non-current Assets Held For Sale and Discontinued Operations - Challenges in Applying IFRS 5

Published by the IFRS team at Grant Thornton International Ltd.

IFRS 5 Non-current Assets Held for Sale and Discontinued Operations (IFRS 5) is not a new standard but experience has shown that implementing it can be a complex and time-consuming exercise. Significant judgment is required in some areas. Management and auditors should therefore assess the impact of IFRS 5 as soon as they become aware that it may be relevant. This publication explains IFRS 5's key implementation issues, common approaches to practical application and also includes several examples illustrating the Standard's disclosure and presentation requirements.

Download PDF

1

Contact us

Simply complete your details and we will contact you.

Download the New World in Figures app!

Download The Economist’s ‘World in Figures’ 2013 app for iPhone and iPad and discover hundreds of economic, socio-demographic, cultural and environmental facts from over 190 countries. This app is free with compliments of Grant Thornton.