ASU 2014-08 — Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360)

The amendments in this Update change the criteria for reporting discontinued operations for all public and nonpublic entities. The amendments also require new disclosures about discontinued operations and disposals of components of an entity that do not qualify for discontinued operations reporting.

This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2013-230—Presentation of Financial Statements (Topic 205), which has been deleted.

Issued: April 10, 2014