IFRS 5

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December 3, 2017 at 11:51 pm #420043
nari
Member
- Topics: 259
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Hello

When a non current asset is held for sale, is it shown under current assets ?
I’m asking because the standard states that the sale should be highly probable in the 12 months that follow.

Regards
December 4, 2017 at 8:41 pm #420390
P2-D2
Keymaster
- Topics: 4
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Hi,

Yes it is under the current asset heading, but shown separately from inventory, receivables and cash.

Thanks
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