Dates and location
Hours
Dates and location
Hours
Description
IFRS 5: Non-current Assets Held for Sale and Discontinued Operations provides a practical understanding of the accounting requirements applicable when organizations dispose of assets, business units, or significant operations. The course explores the classification, measurement, presentation, and disclosure requirements that arise when management commits to a disposal plan.
Participants will learn the criteria that must be met before an asset or disposal group can be classified as held for sale, including the requirement that a sale be highly probable. The course examines measurement at the lower of carrying amount and fair value less costs to sell, the suspension of depreciation, and the presentation of held-for-sale assets and liabilities within the financial statements. The course also addresses discontinued operations, including qualifying criteria, disclosure requirements, and the impact on financial statement presentation. Through practical examples, learners develop the skills needed to apply IFRS 5 confidently and consistently.
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Key Takeaways
Upon completion of this course, learners will be able to:
- Identify when assets qualify as held for sale.
- Apply IFRS 5 measurement requirements.
- Understand the accounting implications of discontinued operations.
- Prepare required presentations and disclosures.
- Evaluate the reporting impact of major disposals.
Who Will Benefit
This course is designed for professionals involved in financial accounting, corporate reporting, and financial management. It is particularly relevant for financial accountants, corporate reporting teams, controllers, finance managers, auditors, and professionals involved in restructuring or disposal activities seeking to strengthen their understanding of related accounting and reporting requirements, ensure compliance with applicable standards, and enhance the quality and accuracy of financial reporting.
How to Access the Course
To access your course, visit the CPA Ontario Blackboard site and sign in using the same username and password used for the Registration Portal. You can also access your course through the Blackboard Learn app (iOS or Android).
Important: Course access begins on the date of purchase and remains available for the Access Time specified for the course under Dates and Location. Please review the access time before purchasing. Note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal, and other CPA Ontario PD policies can be found here.
Speaker(s)
Learnsignal is a fully online accountancy and finance training provider, partnering with institutes around the world to deliver expert CPD training and help accountants of all levels upskill and grow their careers. With headquarters in Dublin, and a wealth of heritage in the education and accountancy training industry, Learnsignal have quickly become one of the largest Online Training Providers in the world.