AASB 5 - Non-current Assets Held for Sale and Discontinued Operations - July 2004
Compliance with IFRS 5Compliance with IFRS 5
Start here
Get a plain-English read of Compliance with IFRS 5
Turn the raw legal text into a practical explanation grounded in AASB 5 - Non-current Assets Held for Sale and Discontinued Operations - July 2004.
Compliance with IFRS 5
Entities that comply with AASB 5 as amended will simultaneously be in compliance with IFRS 5 as amended, except for government-controlled entities that restructure administrative arrangements or administered activities and entities preparing general purpose financial statements under Australian Accounting Standards – Reduced Disclosure Requirements.