Required subscriptions
- US GAAP
This Roadmap provides Deloitte’s insights into the guidance in ASC
360-101 and ASC 205-20 on impairments and disposals of long-lived assets and
presentation of discontinued operations. ASC 360-10 specifies the accounting and
reporting for long-lived assets that are being held and used by an entity and for
long-lived assets that the entity intends to sell or otherwise dispose of. ASC
205-20 further provides guidance on when a component, or group of components, of an
entity that is classified as held for sale or disposed of must be reported as a
discontinued operation.