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IFRS 5 - Non-current Assets Held for Sale and Discontinued Operations

Understand the IFRS 5 ‘impairment test’.

R 475
Category Accounting
Accredited SAIBA
CPD Hours 2
Effort 2 Hours
Duration 2 Hours
Format Webinar
Level Moderate
Assessment Yes
Supervised No
Pre-Entry No
Tuition Mandatory
Study Material No

What you will learn

By the end of this webinar the participant should:  

  • Be able to understand how to apply IFRS 5 in different circumstances. 
  • Advice clients on alternative treatments.   

Study Units

Background to IFRS 5

Conditions for "held for sale" classification.

What is a disposal group?

Measurement principles

Presentation in the AFS

Disclosure in the AFS


  1. There are no preconditions for this course.  
  2. Moderate level.
  3. Recorded webinar made available on a specified date

Who should attend? 

The following members will benefit from attending this webinar: 

  • Chief Financial Officers and CFO(SA)s. 
  • Financial directors and CBA(SA)s. 
  • Business Accountants in Practice (SA);  


Taking cognizance of the poor state of many international economies, assets regularly get disposed of before their intended date of disposal.   

The moment the intention to prematurely dispose of an asset occurs, IFRS 5 requires an ‘impairment test’ to be performed on such asset, or group of assets (called a disposal group). There are also important deferred tax consequences that should be considered as part of the decision to recover the carrying amount of an asset principally through sale.  

Master how to account for non-current assets held for sale by joining Anton van Wyk M.Com, CA(SA) for this webinar. 


The following pricing apply: 

  • Ad hoc: R475.00  
  • Subscription: Not applicable* 


This webinar will be available from 6 June 2020. 


Anton van Wyk M.Com, CA(SA) 

Anton van Wyk is a CA(SA) and independent consultant in International Financial Reporting Standards (IFRS and IFRS for SMEs). As former subject head of Financial Accounting at various higher education providers (including the University of Johannesburg and Monash University South Africa), he has gained valuable insights into and understanding of the important principles underlying the International Financial Reporting Standards (IFRS). 

Anton is a well-known and popular presenter who has presented numerous IFRS updates for several accounting bodies across South Africa. He is known for his ability to simplify and highlight the most important principles contained in IFRS, whilst keeping the learning process enjoyable for attendees. 


This webinar forms part of the following subscription packages:

Accountant in Practice: No 

Accountant in Practice plus tax: No 

Bookkeeper: No 

Quickupdate: No 

IFRS for SME's: No



Subscribers pay less for their CPD points. SAIBA offers 4 subscription packages that provides access to everything to run a successful accounting and tax practice. Pay a small monthly amount and gain access to monthly webinars covering ethics, financials, reporting, audit and assurance, working papers, law, technology, management topics, and tax. 


By attending this webinar, you will be provided with:  

  • Summarised slide presentation 
  • Reference documents and / or course material where available 
  • Access to a technical knowledge base