This course provides a general overview of the six held for sale classification criteria outlined within ASC 360-10. This includes a discussion of the general impacts from held for sale classification as well as subsequent measurement requirements once a long-lived asset has been classified as held for sale. This course also addresses how changes to a planned sale impact the measurement and presentation of held for sale assets.
Learning Objectives
- Discover and list the specific criteria that must be met for an asset to be classified as held for sale.
- Recognize the accounting and reporting impacts from held for sale classification.
- Identify potential reporting impacts from changes to a plan of sale.
Last updated/reviewed: August 11, 2023
- 1. Substantive Analytic Procedures - Strengthening Evidence to Satisfy Audit Objectives
- 2. INTUIT: Payments 101: An Introduction to Intuit’s Payments Business
- 3. Reviewing Workpapers - Embracing Responsibilities for Quality Control
- 4. Reconciling Aged Open Payables and Outstanding Checks
- 5. Government and Not-For-Profit Training – Not-For-Profit Statement of Activities
- 6. AICPA Ethics Foundation
- 7. The Principled Professional: Applying the AICPA Code of Professional Conduct in Public Accounting
- 8. IAS 19 - Employee Benefits
- 9. Working Capital Management
- 10. GAAP Hot Topics - What You Need to Know Chapter 1: Accounting for Business Combinations (Text Based Course)
3 Reviews (11 ratings)
Reviews
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Kelen CamehlCPA, MBA