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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Disclosing discontinued operations
Dear Sir,
Does disclosing discontinued operations separately in financial statements improve comparability and how does it happen?
Hi,
Yes, it would aid comparability as we see the results of what we can expect to continue with in the future. it also would allow comparison to other entities where we see what our discontinued operation amounts are compared to other entities in a similar industry.
Thanks
Hi,
Yes, it would aid comparability as we see the results of what we can expect to continue with in the future. it also would allow comparison to other entities where we see what our discontinued operation amounts are compared to other entities in a similar industry.
Thanks