GRAP 100 - Discontinued operations

CPD hours:  1

In the public sector, functions are often transferred between entities — sometimes due to legislation, sometimes through restructuring. These changes can significantly affect how financial information is presented. GRAP 100 helps entities account for and disclose discontinued operations in a way that reflects the economic reality of such changes. Understanding how to identify, present, and disclose discontinued operations ensures that financial statements remain transparent, comparable, and useful to stakeholders.

What you will learn

By the end of this course, you will be able to:

• Understand what a discontinued operation is and how it arises.
• Know how to present discontinued operations in the financial statements.
• Know how to disclose the required information in the notes to the financial statements.

Important information

Please take note of the following important details regarding your course access and certification:

• Certificates will be issued on the date of successful completion of the assessment and will reflect that date.
• Course access is valid for 12 months, after which the course will close.
• No updates will be made to the course during the 12-month access period. If updates become available, they will be released in a new course available for purchase on our website.
• For the Altimax terms and conditions, please refer to our website.