Accounting for Held for Sale Assets

This course provides an overview of the accounting for held for sale assets with a particular focus on the criteria that must be met for held for sale classification.  This course also addresses considerations around the timing of held for sale classification, how held for sale assets are measured and presented, as well as how changes to a planned sale impact the measurement and presentation of held for sale assets.  This course concludes with a brief discussion of the disclosure requirements related to held for sale assets.        

Learning Objectives
Upon completion of this course, you will be able to:

    Identify the types of assets within the scope of held for sale accounting

    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 disclosure requirements for held for sale assets.  

Revision Date: 8/29/22
Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants : Any CPA looking to maintain or enhance their professional competence
Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
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