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.
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.