adjustment for intra-group non-current asset sale

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November 17, 2015 at 3:36 am #283181
accalmz
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Dear sir,

I’m not sure why adjusting for intra-group non-current asset sale does not involve debitting of group revenue like the adjustment for intra-group inventory sale would need. Can you please explain why?

thanks
Lm
November 17, 2015 at 5:48 am #283194
MikeLittle
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Because sales of assets not in the course of trading are accounted for separately by calculating and disclosing a profit or loss on disposal
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