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Detailed Overview of the Held for Sale Classification Criteria ON DEMAND

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1.0 Credits

Member Price $29.00

Non-Member Price $33.00


This course provides a general overview of the six held for sale classification criteria outlined within ASC 360-10. This includes a discussion of the general impacts from held for sale classification as well as subsequent measurement requirements once a long-lived asset has been classified as held for sale. This course also addresses how changes to a planned sale impact the measurement and presentation of held for sale assets.


Held for Sale Criteria. Management Commitment to a Sale. FASB Implementation Guidance. Impacts from Held for Sale Classification. Measuring Held for Sale Assets. Fair Value and Costs to Sell. Depreciation Impacts. Changes to the Plan of Sale.



Designed For



List the specific criteria that must be met for an asset to be classified as held for sale. Recognize the accounting and reporting impacts from held for sale classification. Identify potential reporting impacts from changes to a plan of sale.






Leader Bios

Kelen Camehl, Western CPE

Kelen is a recognized author and reviewer of CPE courses and has authored over 85 courses (225+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen has also remained involved in CPA exam content development for nearly 10 years and has authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”.

Kelen has over 15 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Consultant with HP, Inc. in Dallas, TX. Most recently he was located in Budapest, Hungary on a three-year international assignment and served in the company’s Houston, TX location prior to this assignment. Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.

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Non-Member Price $33.00

Member Price $29.00