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Asset held for sale

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(Querist)
19 March 2010 My question is that, if there is any difference between asset held for sale or asset available for sale.
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
19 March 2010 The difference is same as that between "held" and "available"
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Naveen Kumar

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Naveen Kumar (Querist)
19 March 2010 Thanks for your reply
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Naveen Kumar

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Naveen Kumar (Querist)
19 March 2010 Is it right that held for sale means, you will sell the asset but available for sale means you may or may not sell the asset.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
19 March 2010 agree

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