IFRS 5 Non-current Assets Held for Sale and Discontinued Operations - applies in 2024

www.cpdbox.com/
This is just the short executive summary of IFRS 5 and does NOT replace the full standard - you can see the full text on IFRS Foundation's website.
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#IFRS #IFRS5 #ifrsaccounting

Пікірлер: 48

  • @CPDbox
    @CPDbox Жыл бұрын

    Thanks for watching! Let’s connect: *Newsletter: www.cpdbox.com/ *LinkedIn: www.linkedin.com/in/silviamahutova/ *Instagram: instagram.com/cpdbox/

  • @drishtiverma1318
    @drishtiverma131813 күн бұрын

    Your videos are amazing. No other channel on KZread offers perfectly informative videos on IFRS standards. It would be great if you could please provide videos on ASPe standards as well.

  • @undistinguished932
    @undistinguished9324 ай бұрын

    This girl really helps me ,i will pass my exams no matter what

  • @CPDbox

    @CPDbox

    4 ай бұрын

    Oh, how nice to be called "girl" in my age - thank you! :) And good luck with your exams!

  • @solomoneshete7636
    @solomoneshete76365 жыл бұрын

    I have no word to appropriate your work really fantastic God Bless You!!!!

  • @ankushphawa
    @ankushphawa6 жыл бұрын

    Hi Silvia..I was just browsing for IFRS 5 on youtube and the first displayed video was yours. Then i further went to your website and now i want to congratulate your for great work. The way you have answered queries on your website is really awesome. Thank you very much.

  • @Asmrani1974
    @Asmrani19743 жыл бұрын

    Thanks Silvia, really the way you explain is unprecedented and amazing. Thank you for simplifying this rigid Topic

  • @keagantrey8743

    @keagantrey8743

    2 жыл бұрын

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  • @colbyimran1544

    @colbyimran1544

    2 жыл бұрын

    @Keagan Trey instablaster :)

  • @keagantrey8743

    @keagantrey8743

    2 жыл бұрын

    @Colby Imran i really appreciate your reply. I found the site thru google and I'm trying it out atm. Looks like it's gonna take quite some time so I will get back to you later with my results.

  • @zukisazuks2308
    @zukisazuks23086 жыл бұрын

    Hey Silvia. thanks for your videos

  • @punjanza
    @punjanza7 жыл бұрын

    I'm doing my CPA in Ontario Canada. I find your videos invaluable. Thank you Sylvia.

  • @aqsalatif6755

    @aqsalatif6755

    7 жыл бұрын

    Zafar Ali Punjani same here! these videos really summarize most of the section really well

  • @kameelpalakkal270

    @kameelpalakkal270

    2 жыл бұрын

    hey, Zafar how can I migrate to Ontario

  • @arpanshah4398
    @arpanshah43987 жыл бұрын

    thank you, it helped to understand very well.

  • @zwikhathi3858
    @zwikhathi38583 жыл бұрын

    Love you for this! Can't wait to get my distinction!

  • @serahabiona5527
    @serahabiona5527 Жыл бұрын

    Great job done! Great Insight!

  • @thobsiethobs6078
    @thobsiethobs60783 жыл бұрын

    Thank you. This helped alot❤️

  • @afmgracecitycentrebyo128
    @afmgracecitycentrebyo1286 жыл бұрын

    THANK YOU.VERY HELPFUL

  • @tjfamilytalks
    @tjfamilytalks4 жыл бұрын

    Very good presentation!

  • @DawitBeloved
    @DawitBeloved8 ай бұрын

    Thanks for your help siliva i am from 🇪🇹ethiopia🙏

  • @fatimasheikasaluh545
    @fatimasheikasaluh5456 жыл бұрын

    Thank you!!

  • @zhanhaoong5729
    @zhanhaoong57293 жыл бұрын

    Dear Silvia Good day Would like to ask, if an entity classify one of its subsidiary as held for sales in mid year. Shall the subsidiary performance after reclassify as held for sale continue to be consolidated into group FS? Any part of the IFRS i can use to support Thanks

  • @aliyaal-sanadi953
    @aliyaal-sanadi9535 жыл бұрын

    well explanation ...excellent dear

  • @siddharthkarani1443
    @siddharthkarani14433 жыл бұрын

    You are best thanks for video's

  • @subhumalik889
    @subhumalik8894 жыл бұрын

    very helpful videos

  • @kilianmwakyosi7943
    @kilianmwakyosi7943 Жыл бұрын

    Thank you very much

  • @faisalhayatkhan5976
    @faisalhayatkhan59768 жыл бұрын

    hi Silvia . . hope u r doing great . . please make a video regarding new IFRS on leases and diff. between the old one and new one. waiting

  • @CPDbox

    @CPDbox

    8 жыл бұрын

    Hi Faisal, yes, I'll make it. You can also visit my web, as I have already written an article about it - I illustrated the differences between the old one and the new one on an example. But it's off topic here :)

  • @mbakablessing6840
    @mbakablessing6840 Жыл бұрын

    Thank you 🎉

  • @KM-ey5vs
    @KM-ey5vs7 ай бұрын

    Thanks. What about the revenue and expenses generated from the asset held for sale (not discontinued)...where exactly in the Income Statement should they appear?

  • @joseuberas1121
    @joseuberas1121 Жыл бұрын

    Hi Silvia. I just want to know the logic behind the measurements of the assets held for sale. Why is is that it is measured at lower of carrying amount and fair value less cost of disposal? Thank you. This is for my upcoming CPA BOARD EXAM. Thanks.

  • @lisomfanta3316
    @lisomfanta33167 жыл бұрын

    Hi Silvia, thank you so much for the Video. Please could you clarify for me whether an Asset that has been depreciated to below its Residual Value should be classified as Held for Sale?? Or would it be an abandoned asset? Thanks

  • @johnyanderson2744

    @johnyanderson2744

    4 жыл бұрын

    If the company has no intention to sell the asset within a year it would abandoned asset

  • @jonast8358
    @jonast83585 жыл бұрын

    Wonderful :)

  • @Mnce101
    @Mnce1018 жыл бұрын

    Thanks Silvia, it has been a while...

  • @CPDbox

    @CPDbox

    8 жыл бұрын

    Yeah, sometimes I take vacation, too :) Enjoy!

  • @nukiemybaby
    @nukiemybaby7 ай бұрын

    I have a situation where land is held for sale for the last 5years and is valued at cost of acquisition. Is it now i have to question if a revaluation exercise was done before it was transferred to asset held for sale...since the value it is currently held at is very low ...below market value. ..and ifrs5 states the lower of cv and fv less disposal expenses

  • @chamansingh4227
    @chamansingh42277 жыл бұрын

    Hi Silvia , your video is very nice. In your paid course you give explanation or solve questions of ACCA exams of past years

  • @samiyamohammadsultan7132
    @samiyamohammadsultan71324 жыл бұрын

    Thankyou!

  • @tallalzahoor9678
    @tallalzahoor96785 жыл бұрын

    silvia under ifrs 5 can impairement be charged to revaluations surplus in case of building???

  • @johnyanderson2744

    @johnyanderson2744

    4 жыл бұрын

    Under Ifrs 5 it's allowed to charge the impairment to any rev. Surplus already measured. As Ias 36

  • @Shishikim01928
    @Shishikim019283 жыл бұрын

    Hi Sylvia, lovely video. Quick question - what if marketed price is below CV or FMV of asset? Also what it asset is being sold at zero value?

  • @CPDbox

    @CPDbox

    3 жыл бұрын

    Did you recognize impairment on that asset before reclass to held for sale?

  • @Shishikim01928

    @Shishikim01928

    3 жыл бұрын

    Silvia of CPDbox no, is that what we should be doing?

  • @sampheonix
    @sampheonix7 жыл бұрын

    thanks

  • @gatabazijeanclaude3788
    @gatabazijeanclaude3788 Жыл бұрын

    Great

  • @bhumikaaa1925
    @bhumikaaa19253 жыл бұрын

    00:58