FAR 1- Discontinued operations

  • Creator
    Topic
  • July 23, 2014 at 12:00 pm #187167
    harrjc
    Member

    In Discontinued Operations in FAR 1, its not clear to me what are the Costs of Exit and Disposal activities (under the new IFRS rule on pg 25).

    Are these costs the same as calculated for Fair value less “costs to sell” ?

    Also, why do these have to be reported as liabilities, and not expensed immediately?

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