Discontinued Operations & Held for Sale — ASC 205-20/360 vs IFRS 5

Held-for-sale measurement is aligned (lower of carrying amount and fair value less costs to sell; depreciation stops). The definition of a discontinued operation differs.

Area	US GAAP (ASC 205-20 / 360)	IFRS (IFRS 5)
Held-for-sale measurement	Lower of carrying amount and FV less costs to sell; stop depreciation	Same
Discontinued operation	A component disposal representing a strategic shift with a major effect	A separate major line of business or geographical area, held for sale or disposed

More disposals can qualify as discontinued under IFRS in some cases.

• SAP implementation: asset held-for-sale handling in SAP Asset Accounting (FI-AA) (stop depreciation, reclassify); presentation split in Group Reporting.

An educational reference and original synthesis — not investment advice, and not a substitute for the standard. Consult ASC 205-20 / ASC 360 / IFRS 5 directly.