In March 2004 the Board issued IFRS 5 Non-current Assets Held for Sale and Discontinued Operations to replace IAS 35. Other Standards have made minor consequential amendments to IFRS 5. They include Improvement to IFRSs (issued April 2009), IFRS 11 Joint Arrangements (issued May 2011),

IFRS 5 requires: a non-current asset or disposal group to be classified as held for sale if its carrying amount will be recovered principally through a sale transaction instead of through continuing use; assets held for sale to be measured at the lower of the carrying amount and fair value less costs to sell;

2023年9月7日 · Under IFRS Accounting Standards, when an interest in an investee under significant influence meets the criteria to be classified as held-for-sale, it is measured under IFRS 5 and presented as held-for-sale (distribution).

IFRS 5 became effective on January 1 2005, and has two main areas of focus: It specifies the accounting treatment for assets (or disposal groups) held for sale, and It sets the presentation and disclosure requirements for discontinued operations.

IFRS 5 refers to the International Financial Reporting Standards relating to Non-current assets held for sale and discontinued operations.

International Financial Reporting Standard 5 Non‑current Assets Held for Sale and Discontinued Operations (IFRS 5) is set out in paragraphs 1⁠–⁠45 and Appendices A⁠–⁠C. All the paragraphs have equal authority. Paragraphs in bold type state the main principles.

IFRS 5 Non-current Assets Held for Sale and Discontinued Operations specifies the accounting for assets held for sale and presentation and disclosure of discontinued operations. This page provides information on the standard and recent amendments, alongside …