Page 28 - 2018 FAC4864 Test 4 slides - Borrowing Costs & IFRS 5
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NON-CURRENT ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS
Outcomes
• Remeasure an individual asset or disposal group subsequently and
account for the additional impairment loss or reversal of impairment
loss according to the rules contained in IFRS 5.
• Present and disclose non-current assets and disposal groups held for
sale as well as associated statement of profit or loss and other
comprehensive income items according to IFRS 5.
• Disclose discontinued operations on the face of the statement of profit
or loss and other comprehensive income and in the notes to the
financial statements according to IFRS 5.
• Identify when an entity should recognise the dividend payable
• Know how an entity should measure the dividend payable.
• Account for any difference between the carrying amount of the asset
distributed and the carrying amount of the dividend payable.
• Presentor disclose item in terms of IFRIC 17.
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