Restructuring costs under IFRS

CFA Level I FRA
#1

Hi,

I know that Under GAAP, restructuring costs are operating items.

Can someone let me know is it the case under IFRS?

Thanks in advance.

Kelly

#2

As far as I can tell, it’s the same under IFRS as it is under US GAAP: operating.

#3

Thanks.

#4

My pleasure.