IFRS 5Chapter 5Lesson 3
Discontinued operations: advanced cases (adjustments, ceasing, loss of control)
Step 1 of 4Learning objectives
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Three advanced cases: later adjustments stay in discontinued operations, a component that ceases to be held for sale is reclassified to continuing operations for all periods, and loss of control of a subsidiary gives rise to the disclosures despite a retained interest.
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Learning objectives
- Treat later adjustments of amounts presented in discontinued operations.
- Reclassify to continuing operations a component no longer held for sale.
- Apply the discontinued-operations disclosures on loss of control.