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assets/subsidiary held for sale

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › assets/subsidiary held for sale

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by AvatarStephen Widberg.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 9, 2021 at 2:28 pm #640280
    AvatarNoah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    Hello sir, hope you’re doing great!

    Again got stuck in an AAA question which finds its roots in an SBR topic. Here’s my question:

    An asset/subsidiary that is classified as held for sale is subsequently measured (after the initial 1 yr has elapsed) at lower of carrying value and FV less costs to sell? OR at FV less costs to sell only?

    November 10, 2021 at 10:41 am #640349
    AvatarStephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3449
    • ☆☆☆☆☆

    Lower of original CA (1 year ago) and FVCTS. Please post AAA questions in AAA forum. 🙂

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘assets/subsidiary held for sale’ is closed to new replies.

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