Welcome to the website of the IFRS Foundation and the IASB

Sunday 23 November 2014

Banner graphic

IFRS Interpretations Committee

Non-current Assets Held for Sale and Discontinued Operations: Reversal of impairment loss relating to goodwill recognised for a disposal group


 IFRS Interpretations Committee work in progress

IFRS 5 Non-current Assets Held for Sale and Discontinued Operations: Reversal of impairment loss relating to goodwill recognised for a disposal group

The issue is about whether a subsequent increase in FVLCTS of a disposal group (ie reversal of a past impairment) should be recognised if it relates to an impairment loss that had been recorded against goodwill in the disposal group classified as held for sale in accordance with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations.

Project stages