Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Discontinued Operations – Example 2

This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
March 14, 2021 at 11:11 pm #614435
j2mtt
Member
- Topics: 4
- Replies: 0
https://www.youtube.com/watch?v=47UE9hSnFNo
Why we are giving the disclosure for 2016 even though it might not have been agreed to dispose that line of business at that time.
March 17, 2021 at 7:41 pm #614634
P2-D2
Keymaster
- Topics: 4
- Replies: 6473
Hi,
The accounts need the comparative information for 2016 so that we are making like-for-like comparisons. If we did not show this information the 2017 results would not be meaningful as we cannot see what the discontinued operation generated in the previous year.
Thanks
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.