IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
Understanding IFRS 5 – Non-current Assets Held for Sale & Discontinued Operations
IFRS 5 provides essential guidance on accounting for non-current assets held for sale and discontinued operations. In this session, AARO Academy simplifies its classification, measurement, and presentation to help you apply these principles with confidence.
🔹 What you’ll learn:
• When an asset qualifies as held for sale or discontinued operation.
• How to properly measure disposal groups and non-current assets.
• Key presentation & disclosure requirements under IFRS 5.
Chapters:
00:00 - Introduction
00:41 - Objective
00:57 - Scope
02:28 - Held for sale: Key criteria and Classification
03:42 - Disposal Groups
04:20 - Measurement
05:12 - Presentation and disclosure
05:59 - Conclusion