Pwc's Cfodirect Podcast

In today’s episode, we explore the accounting implications of selling a business—an increasingly relevant topic in today’s market. From initial considerations through the final disposition, we break down key accounting judgments, classification, and presentation requirements.In this episode, we discuss:2:32 – Held-for-sale criteria14:00 – Accounting implications of held-for-sale classification19:25 – Accounting for the gain or loss on the sale of a business 25:50 – Discontinued operations criteria33:00 – Discontinued operations presentation requirementsFor more information, check out chapter 6 of our Property, plant, equipment and other assets guide, chapter 8  and 27 of our Financial statement presentation guide. Also, listen to our previous podcast episode, Presenting discontinued operations.Be sure to follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop.About our guestsMatt Sabatini is a partner in PwC's National Office who helps clients and engag