IFRS 5 – Non-Current Assets Held for Sale | ACCA & Diploma IFRS

IFRS 5 – Non-Current Assets Held for Sale and Discontinued Operations explained in full detail for ACCA and IFRS/DipIFR students. This video covers the classification criteria for assets/disposal groups held for sale, measurement at the lower of carrying amount and fair value less costs to sell, presentation of discontinued operations, and practical examples with journal entries. Topics covered: ✔️ Objective and scope of IFRS 5 ✔️ Classification as held for sale ✔️ Measurement – lower of carrying amount and fair value less costs to sell ✔️ Non-depreciation once classified as held for sale ✔️ Discontinued operations – definition and presentation ✔️ Changes to a plan of sale ✔️ Practical examples and journal entries Useful for ACCA (FR, SBR), DipIFR candidates, and anyone learning IFRS/accounting standards. 📌 Subscribe to Findive CA for more videos on IFRS and Accounting Standards. #IFRS5 #HeldForSale #ACCA #IFRS #DipIFR