Chapter 13: Impairment of Assets (IAS 36)

Keeping Up with ACCA (by the Accountant's Perspective) by Accountant's Perspective

12:11
Episode notes

Chapter 13: Impairment of Assets (IAS 36)

📄 Caption: Impairment is about recognising loss of value before it’s too late. This video walks you through the testing process.

What you’ll learn:

  • Recoverable amount (higher of value in use and fair value)
  • Indicators of impairment
  • CGUs (cash-generating units)
  • Reversal of impairment

#IAS36 #ImpairmentTesting #CGU #RecoverableAmount #ACCAFR