Questions & Answers
New profit or loss statement under IFRS 18 and discontinued operations
Why should we present discontinued operations in new profit or loss statement under IFRS 18 AFTER income taxes? Is it logical and correct?
Asset held for sale not sold after 1 year
Question Our company decided to sell the asset and classified it as held for sale in line with IFRS 5. After 1 year, we are still not able to sell this asset. What shall we do? How shall we report it in our accounts since…
