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.
Unlock learning anytime, anywhere with the Blackboard Learn app
Seamlessly access your on demand courses, assignments, and get PD hours on the go. Learn how to download now and elevate your education experience with the convenience of mobile learning.
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
New mobile learning! Download Blackboard Learn from your app store (iOS or Android). Learn more.
To access the course on your computer please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all 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.