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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › assets/subsidiary held for sale
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?
Lower of original CA (1 year ago) and FVCTS. Please post AAA questions in AAA forum. 🙂
