# ASC 205-20-S45: Presentation of Financial Statements — Discontinued Operations — SEC 45 Other Presentation Matters

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/205/20/#sec-45-other-presentation-matters)

Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-09T22:53:22.846Z to 2026-09-09T22:53:22.846Z

Record version: sha256:d4e131597588698e2af36678f3df2238ea0d22925f7f9b31618d5b1ac75ddf4d

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 205-20-S45: SEC 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/205/20/#sec-45-other-presentation-matters)

SEC content: yes

#### Reporting Discontinued Operations

##### [205-20-S45-1](https://asc.understandingaccounting.org/asc/205/20/#205-20-S45-1)

Pending content: no

Source downloaded (UTC): 2026-09-09T22:53:22.846Z to 2026-09-09T22:53:22.846Z

Record version: sha256:b7d3785ee9ea7f433be8ab367edfc7004f789ddfb689d8102512f95797c799ce

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


See paragraph [205-20-S99-1](https://asc.understandingaccounting.org/asc/205/20/#205-20-S99-1), SAB Topic 5.Z.4, for SEC Staff views on classification of disposal of operations when a significant interest is retained.

#### Disposal of a Component of an Entity

##### [205-20-S45-2](https://asc.understandingaccounting.org/asc/205/20/#205-20-S45-2)

Pending content: no

Source downloaded (UTC): 2026-09-09T22:53:22.846Z to 2026-09-09T22:53:22.846Z

Record version: sha256:ae587d8ee17c63ed03b7472f5a9f897bec328892f5a15459def1cb317ea0d023

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


See paragraph [205-20-S99-2](https://asc.understandingaccounting.org/asc/205/20/#205-20-S99-2), SAB Topic 5.Z.5, for SEC Staff views on classification of contingencies relating to discontinued operations.