Exposure Draft (ED) 79, Non-Current Assets Held for Sale and Discontinued Operations
IPSASB
Apr 22, 2021 | Exposure Drafts and Consultation Papers
English
Comments due by: Oct 25, 2021
The International Public Sector Accounting Standards Board® (IPSASB®) has issued Exposure Draft (ED) 79, Non-Current Assets Held for Sale and Discontinued Operations.
ED 79 is aligned with IFRS 5, Non-Current Assets Held for Sale and Discontinued Operations and proposes new guidance on how to account for non-current assets that are classified as held for sale, when they meet specific criteria.
This ED is part of a suite of four EDs that address how to measure assets and liabilities in the public sector, and should be read in conjunction with:
- ED 76, Conceptual Framework Update: Chapter 7, Measurement of Assets and Liabilities in Financial Statements
- ED 77, Measurement
- ED 78, Property, Plant, and Equipment
Supporting Resources have been developed to support constituents respond to this suite of EDs.
Copyright © 2022 The International Federation of Accountants (IFAC). All rights reserved.
Submitted Comment Letters
1. Accrual Accounting Center, Saudi Arabia (Saudi Arabia)
September 30, 2021
2. Heads of Treasury Accounting and Reporting Advisory Committee (HoTARAC) _Australia (Australia)
October 7, 2021
3. Swiss Public Sector Financial Advisory Committee (Switzerland)
October 11, 2021
4. CNoCP (France)
October 18, 2021
5. NZ Treasury (New Zealand)
October 21, 2021
6. External Reporting Board
October 22, 2021
7. CPA Australia and Chartered Accountants ANZ
October 23, 2021
8. Task Force IRSPM A&A SIG, CIGAR Network, EGPA PSG XII
October 23, 2021
9. Kalar Consulting
October 24, 2021
10. The Malaysian Institute of Certified Public Accountants (MICPA) (Malaysia)
October 24, 2021
11. The Japanese Institute of Certified Public Accountants (Japan)
October 25, 2021
12. PSASB (Kenya)
October 26, 2021
13. South African Accounting Standards Board (South Africa)
October 26, 2021
14. Public Accountants and Auditors Board (Zimbabwe) (Zimbabwe)
October 27, 2021
15. FOCAL - Colombia
October 28, 2021
16. FOCAL - Ecuador
October 28, 2021
17. FOCAL - El Salvador
October 28, 2021
18. FOCAL - Guatemala
October 28, 2021
19. FOCAL - Panama
October 28, 2021
20. FOCAL - Peru
October 28, 2021
21. FOCAL - Dominican Republic
October 29, 2021
22. FOCAL - Uruguay
October 29, 2021
23. FOCAL - Mexico
October 30, 2021
24. FOCAL - Chile
October 31, 2021
25. CIPFA
November 1, 2021
26. Ernst & Young
November 1, 2021
27. Chartered Accountancy Academy and Training and Advisory Services (Zimbabwe)
November 2, 2021
28. The Institute of Chartered Accountants of Nigeria (Nigeria)
November 2, 2021
29. Conselho Federal de Contabilidade (Brazil)
November 3, 2021
30. Financial Reporting Council of Nigeria
November 3, 2021
31. Pontificia Universidad Javeriana (Colombia)
November 3, 2021
32. Malaysian Institute of Accountants (MIA) (Malaysia)
November 4, 2021
33. Institute of Chartered Accountants of India (India)
November 5, 2021
34. Public Sector Accounting Board of Canada (Canada)
November 5, 2021
Related Resources
- 2021 HANDBOOK OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING PRONOUNCEMENTS
- IPSASB STRATEGY AND WORK PLAN 2019-2023
- Supporting Resources: Measurement Suite of Exposure Drafts (ED 76, ED 77, ED 78 and ED 79)
- 2016 Handbook of International Public Sector Accounting Pronouncements
- 2022 Handbook of International Public Sector Accounting Pronouncements