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How do we know a discontinued operation does not have Assets HFS?
and if its not too much trouble.. a brief summary of the standard would be appreciated…
If it’s a discontinued operation, it’s finished / gone!
Here’s a link to a good site for your summary:
https://www.iasplus.com/en/standards/ifrs/ifrs5
IASPLUS is a wonderful site for finding a precis of IFRS / IAS
yea i pretty much understood the standard.. thankyou!
one more question.. what should i do if i cant recall the standard NUMBER in the exam.. as in i know the matter on hand is provision but i somehow forgot its ias 37.. how should i write the answer then?
THERE ARE NO MARKS FOR KNOWING / WRITING IAS / IFRS NUMBERS NOR TITLES IN THE EXAM
I repeat, there are no marks for IAS numbers / IFRS numbers nor titles.
Nor IAS numbers nor titles
There are no, NO, marks
None
At all
Nada
Zilch
Nothing
Understood?
I meant to write ISAs in that earlier post but mistakenly wrote IAS again
Yes, NO MARKS FOR QUOTING ISA NUMBERS NOR TITLES
Ok?
haha, thanks for the wish.. the paper wasnt as disastrous as i was expecting, although my fav ifrs 5 didnt show up xD
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