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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Discontinued Operations – Example 2
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.
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