IAS 36 Impairment of Assets

WHAT YOU WILL LEARN

By the end of this event the participant should:

• Understand the scope of IAS 36.
• Know how to identify an asset that may be impaired.
• Understand the indications of impairment.
• Know how to determine recoverable amount.
• Know how to disclose impairment.

DESCRIPTION

With most economies experiencing either slow growth, no growth or recessions, testing assets (or groups of assets called ‘cash-generating units’) for impairment should be a regular exercise performed by an accountant. 

Macro-economic indicators of possible impairment trigger the necessity to test assets for impairment, just like micro-economic indicators, such as significant damage to an asset, do. It is essential that accountants make sure that they are considering the correct principles and applying the process of impairment testing correctly in order to comply with the requirements of IAS 36.

The webinar discusses impairment and how to determine an asset’s recoverable amount.

PRICE

The following pricing apply:
Ad hoc: R475.00
Subscription: N/A

CONTENT

Study unit 1

What is IAS 36? 

Study unit 2

IAS 36 scope. 

Study unit 3

Identification of impaired assets. 

Study unit 4

Indications of impairment. 

Study unit 5

Determining recoverable amount.  

Study unit 6

Recognition and disclosure. 

REQUIREMENTS

There are no preconditions for this course.
Moderate level.
Recorded webinar made available on a specified date

PRESENTER

By attending this webinar, you will be provided with:
– Summarised slide presentation.
– Reference documents and / or course material where available.
– Access to a technical knowledge base.
– Recorded webinar that includes an expert presenter and participant interaction.