IFRS - IAS 36 Impairment of Assets

Price:
R659.64 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
IFRS
Lecturer:
Tristan David-Crewe White
Duration:
180 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline

With many businesses being forced to slow down operations, the need to impair a business’ assets becomes a real issue standing in the way of faithful financial reporting.

IAS 36 Impairments places a responsibility on all businesses to consider writing down assets.

Join us for a session that takes a look at

  1. When it is necessary to impair and when you won’t need to,
  2. How to calculate a recoverable amount for impairment purposes,
  3. What the knock-on effect will be for depreciation purposes and
  4. How impairment affects revalued assets
  5. IAS 36: Impairments
  6. Scope
  7. Indicators of impairment
  8. Minimum requirement every year
  9. Determining a recoverable amount
  10. Recognition and Reversal
  11. Disclosure requirements