- This topic has 3 replies, 2 voices, and was last updated 4 years ago by
.
- Posts
Hi Sir,
I would like to ask about mar 2020 past year exam Q1 (c).
May I know whether discontinue operations need to fulfill conditions like available for immediate sale, highly probable, actively marketed at reasonable price, etc? Or these conditions are applicable to NCAHFS transaction only?
Besides that, another question is
The suggested answer said that Quaver Co
should not consolidated into the Hummings group FS. Quaver Co should initially be valued at FVLCTS with any subsequent decreases in FVLCTS taken to consolidate profit or lossI am a bit blur on this sentence. First, it mention should be consolidate, but later it says taken to consolidate P&L? Can u explain to me this further?
Thank You
Discontinued ops:
Either discontinued already in the year OR held for sale at the year end – in the latter case it it would have to be actively marketed etc.
Please post your other question in a separate thread with a heading that will assist futur students.
Is that means discontinued operations also need to fulfill the conditions including available for immediate sale, highly probable, actively marketed at reasonable price?
Ok sir I will post it to a separate thread for the other question.
Thank you
- The topic ‘Ifrs 5 ncahfs & discontinued operation’ is closed to new replies.