Nca hfs

Hi, They are all very closely linked. NCA-HFS is a specific asset that is being sold in the next twelve months, whilst the disposal groups is a group of assets (CGU) that is being disposed of in the next twelve months. The treatment of these is then dealt with on the SFP. If we have a NCA-HFS then we need to consider if it also meets the definition of a discontinued operation to be disclosed on the SPL. This obviously won't apply to a single asset held for sale but is likely for a disposal group. Have a look at the criteria for a discontinued operation in the notes. Thanks

Thanks v much for this great, well explainations Ive looked into the notes regarding discountined operations However am not totally clear 1) Could u explain it more? 2) is it always the accounting treatement for discountinued operations is to be disclosed only? 3) disposal of whole sub 100% is this a disposal group and discounted operations ? Thanks v much

Hi, IFRS 5 is all about disclosure for discontinued operations and the disposal of a subsidiary would need to be a significant component of a business to be disclosed separately. Thanks