Webcast overview
In this webcast, we provide a refresher on the discontinued operations (ASC 205-20) and held-for-sale (ASC 360-10) guidance, including key SEC requirements and trends.
Applicability
- All companies
Event contents
- Scope of ASC Subtopics 205-20 and 360-10
- Key concepts explained: component, disposal group and discontinued operations
- Determining if disposed-of or held-for-sale
- Measuring HFS disposal groups and timing of gain or loss
- Determining if the strategic shift test is met
- Reporting discontinued operations
- Interplay with SEC requirements for registrants
- SEC staff comment letter trends
Featured speakers
Valerie Boissou
Partner, Dept. of Professional Practice, KPMG US
Tim Phelps
Partner, Dept. of Professional Practice, KPMG US
Edna Wong
Senior Manager, Dept. of Professional Practice, KPMG US
David Yates
Partner, Dept. of Professional Practice, KPMG US
Valerie Boissou
Partner, Dept. of Professional Practice, KPMG US
Tim Phelps
Partner, Dept. of Professional Practice, KPMG US
Edna Wong
Senior Manager, Dept. of Professional Practice, KPMG US
David Yates
Partner, Dept. of Professional Practice, KPMG US
Explore more
Resource
Bankruptcy & Disc Ops
An overview discussion of the stages of Chapter 11 and potential discontinued operations.
Learn more
June 24, 2020
Resource
Handbook: Discontinued operations & HFS disposal groups
Latest edition: Our in-depth guide to ASC 205-20 and held-for-sale disposal groups under ASC 360-10.
Subscribe to stay informed
Receive the latest financial reporting and accounting updates with our newsletters and more delivered to your inbox.
Accounting Research Online
Access our accounting research website for additional resources for your financial reporting needs.