Witryna27 mar 2024 · Generally, a right-of-use asset is tested for impairment as part of the larger CGU to which it relates. However, a right-of-use asset that meets the definition of investment property and is measured at … WitrynaTechnical articles. Intangible assets – can’t touch this. IAS® 38 Intangible Assets is one of the key standards in the Financial Reporting (FR) exam, covering how companies should account for intangible assets. This standard can be examined in all sections of the exam. A well-prepared candidate needs to be able to understand and explain ...
IAS 36 — Impairment of Assets - IAS Plus
Witryna1 mar 2012 · All assets subject to the impairment review are tested for impairment where there is an indication that the asset may be impaired, although certain assets such as goodwill and indefinite-lived intangible assets are tested for impairment annually even if there is no impairment indicator. WitrynaGoodwill and other intangible assets are reviewed for impairment only when there is an indication that they might be impaired. There is no requirement for annual reviews to … the band internet archive
FRS 102 Summary – Section 27 – Impairment of Assets
WitrynaIAS 36 Impairment of Assets seeks to ensure that an entity's assets are not carried at more than their recoverable amount (i.e. the higher of fair value less costs of … Witryna3 sie 2024 · IAS 36 requires an entity to a perform a quantified impairment test (ie to estimate the recoverable amount): if at the end of each reporting period, there is any indication of impairment for the individual asset or CGU (indicator-based … The scope exceptions cover assets for which the requirements of other IFRS … IAS 36 prescribes the procedures that an entity applies to ensure that assets are … Witryna12 lut 2024 · Asset impairment occurs when the fair market value of a fixed asset falls below the carrying value of the asset and the carrying value is not recoverable. It can … the grinch 2018 end credits