Can I read IAS 36 Asset Impairment Overview on EtoBox?
IAS 36 Asset Impairment Overview by Lydia Nekundi is a document available to read on EtoBox.
What is IAS 36 Asset Impairment Overview about?
IAS 36 outlines the accounting for asset impairment, excluding certain assets like inventories and financial assets. It defines key concepts such as cash-generating units (CGUs), recoverable amounts, and impairment losses, emphasizing the need for impairment testing when indicators arise. The document also details the calculation of fair value and value in use, along with the recognition and allocation of impairment losses, particularly concerning goodwill and CGUs.
- Author
- Lydia Nekundi
- Language
- EN