IFRS 5 (Non Current Assets Held for Sale)

IFRS 5 (Non Current Assets Held for Sale) - IFRS5

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Click to edit Master subtitle style  3/20/11 IFRS 5 Non-current Assets Held for Sale and Discontinued  Operations
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 3/20/11 Carrying value will be recovered through a sale rather than through continued use Non-current asset is available for: o Immediate sale o In its present condition Sale (vs. use) is “highly probable” o Committed to a plan to sell asset o Asset is actively marketed at a price that is reasonable o Sale expected within one year o Unlikely that plan to sell will be changed significantly Recognition of a Non-current Asset as “Held for Sale”
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 3/20/11 Not quite a “segment,” but more than a single non- current asset Will be disposed of in a single transaction Disposal group can any one of the following: o Part of a cash-generating unit o Single cash-generating unit o Number of cash-generating units Definition of a cash-generating unit: smallest identifiable group of assets that generates cash flows that are largely independent of the cash
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IFRS 5 (Non Current Assets Held for Sale) - IFRS5

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