https://www.taxtmi.com/acts?id=14696 The Standard requires segregation of discontinuing operations-components disposed pursuant to a single plan that are a separate major line or geographical area and distinguishable operationally and financially. The initial disclosure event is either a binding sale agreement for substantially all attributable assets or board approval plus announcement of a detailed formal plan. Recognition and measurement follow other Accounting Standards; presentation and disclosure obligations start at the initial disclosure event and include descriptive, financial, tax and cash flow information, with restatement of comparative periods and ongoing updates until completion or abandonment. en-us Sat, 04 Jun 2011 16:59:22 +0530 Mon, 18 Apr 2016 15:48:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14696 The Standard requires segregation of discontinuing operations-components disposed pursuant to a single plan that are a separate major line or geographical area and distinguishable operationally and financially. The initial disclosure event is either a binding sale agreement for substantially all attributable assets or board approval plus announcement of a detailed formal plan. Recognition and measurement follow other Accounting Standards; presentation and disclosure obligations start at the initial disclosure event and include descriptive, financial, tax and cash flow information, with restatement of comparative periods and ongoing updates until completion or abandonment. Act-Rules Companies Law Sat, 04 Jun 2011 16:59:22 +0530 https://www.taxtmi.com/acts?id=14696