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ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals

FASB update record for amendments to Topics 205 and 360 governing discontinued operation presentation and disposal disclosures.

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Publisher
Financial Accounting Foundation
Standing
Primary authority
Version
Accounting Standards Update 2014-08
Relevant parts
Summary and amendments to Subtopic 205-20 and Topic 360
Currency
current · checked Aug 7, 2026

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The update narrowed discontinued-operation presentation to disposals or held- for-sale components representing a strategic shift with a major effect and expanded information about qualifying and certain other disposals. Current Codification scope, definitions, and paragraphs—not this summary—govern.