NEW YORK- The International Accounting Standards Board (IASB) published on September 25, 2008 for public comment an exposure draft of proposed amendments to IFRS 5 Non-current Assets Held for Sale and Discontinued Operations.
The proposals are to revise the definition of discontinued operations and require additional disclosure about components of an entity that have been disposed of or are classified as held for sale.
To view the exposure draft please visit the following website: http://www.iasb.org/NR/rdonlyres/B47D08C2-A78A-49E8-92A7-63A9DE737629/0/ED_Discontinued_Operations_IFRS_5.pdf
IASB is committed to developing in the public interest a single set of high quality global accounting standards.
For more information please visit the following website: www.iasb.org