IAS Plus newsletter — Proposed amendments regarding discontinued operations (IFRS 5)

Published on: 12 Oct 2008

In September 2008, the International Accounting Standards Board (IASB) published for public comment an Exposure Draft (ED) of proposed amendments to IFRS 5 Non-current Assets Held for Sale and Discontinued Operations.

The ED was issued simultaneously with a proposed amendment to the equivalent US standard SFAS 144 Accounting for the Impairment or Disposal of Long-Lived Assets. The ED is the result of a limited review of IFRS 5 and proposes to revise the definition of discontinued operations and to require additional disclosures regarding components of an entity that have been or will be disposed of.

Download

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.