Continuing operations definition

What are Continuing Operations?

Continuing operations are those activities of a business that are not classified as discontinued. The results of continuing operations are reported separately from those of discontinued operations in an entity's income statement. The concept is used to focus attention on those parts of a business that are expected to continue in operation in future periods; doing so allows financial statement users (such as investors and creditors) to more easily evaluate the financial performance of a reporting entity’s core operations, with extraneous factors stripped out.