Hello Chris! Thanks for the amazing lectures!
I wanted to ask why in example 3 we adjusted figures from the year 2016 even though the disclosure and disposal figures involved are supposed to be derived from 2017 only as per the criteria explained previously?
Many thanks! Stay safe!
Ali.
Ask the Tutor ACCA FR
IFRS 5- Discontinued Operations
5y ago#1Hi,
Glad you enjoy the lectures and thanks for the kind words, they're very much appreciated.
It is done for comparison purposes, as without the 2016 figures to compare to then the disclosure in 2017 wouldn't be useful enough to the users of the accounts.
Thanks and good luck with the exam.
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