Roadmap
Impairments and Disposals of
Long-Lived Assets and Discontinued Operations (November 2025)
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This Roadmap provides Deloitte’s
insights into the guidance in ASC 360-10 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. The 2025 edition of this publication
includes updated and expanded guidance on these topics.
Also available is On the Radar, a
high-level summary of emerging issues and trends related to
the accounting and financial reporting topics addressed in
the Roadmap.
Be sure to check out other titles in
Deloitte’s Roadmap series, our comprehensive,
easy-to-understand collection of accounting guides on selected topics of broad
interest to the financial reporting community.