IFRS 5: Held-for-Sale Assets and Discontinued Operations

Planning to sell a non-current asset, a disposal group, or part of a business? Our IFRS 5 CPE courses explain the accounting and financial reporting requirements for assets held for sale and discontinued operations under IFRS 5, Non-current Assets Held for Sale and Discontinued Operations.

This collection includes two self-study courses eligible for 1.5 CPE credits. The courses focus on the criteria that must be met before a non-current asset or disposal group can be classified as held for sale, the related measurement and presentation requirements, and the separate reporting considerations for discontinued operations.

Topics covered include:

• Criteria for held-for-sale classification
• Non-current assets and disposal groups
• Measurement after held-for-sale classification
• Presentation and disclosure requirements
• Identifying and reporting discontinued operations

Further details

The first part of the collection focuses on the point at which normal accounting for a non-current asset or disposal group gives way to the special requirements of IFRS 5, Non-current Assets Held for Sale and Discontinued Operations. Learners work through the held-for-sale criteria, the measurement consequences of classification, and the presentation and disclosure requirements that follow once those criteria are met.

The second course turns to discontinued operations. It explains when a disposed component or disposal group qualifies for separate presentation and how that conclusion changes the way results and cash flows are presented to users of the financial statements. Together, the courses connect management's decision to sell or exit a business activity with the accounting consequences that appear in the statement of financial position, statement of profit or loss, and related disclosures.

Who will benefit

This collection is useful for financial reporting professionals and auditors dealing with planned asset sales, disposal groups, restructurings, business exits, or discontinued operations under IFRS. It is particularly relevant when a transaction is significant enough that classification and presentation decisions can materially change how users understand continuing versus discontinued operations.

Value proposition

Purchase both courses for $149 instead of $190 if purchased separately—a savings of $41.

Interested in group discounts? Contact us today to learn more.