Report Discontinued Operations

Financial reporting generally focuses on the results of continuing operations. However a business may want to sell or retire a product line, asset group, or other component. Depending on the situation, such a disposal should be reported as a discontinued operation under U.S. Generally Accepted Accounting Principles (GAAP). The rules

2021-04-12T14:55:08-06:00September 3rd, 2019|
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