Question

In what way could one disclose discontinued operations a extraordinary items or events to investors?

Answer 1

In the financial statements, extraordinary items are such items which occurs infrequently and are not of regular nature.
Such extraordinary items can be a gain or loss from unusual events. These items are separately classified, presented and disclosed on the company's financial statements. Such extraordinary items are further than required to be explained in the notes to the financial statements. Extraordinary items can be from discontinued operations or events and one is required to disclose such items or events to the investors. Such items are not disclosed in operating income but companies usually show such extraordinary items separately from operating income.
The reason behind such separate disclosure is simple because such items are typically one-time gain or loss and company does not expect it to recur in the future.

​​​​​The simple thing is extraordinary items or events are necessarily required to be disclosed in the financial statements so that investors can consider them and make their investments accordingly.