![]() Quote of the Day The empires of the future are the empires of the mind.
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Impairment of AssetsConcept Briefing:Impairment of assets is an accounting standard (IAS 36) addressing mainly accounting for impairment of goodwill, intangible assets and property, plant and equipment. The standard includes requirements for identifying an impaired asset, measuring its recoverable amount, recognising or reversing any resulting impairment loss, and disclosing information on impairment losses or reversals of impairment losses.IAS 36 prescribes how an enterprise should test its assets for impairment, that is: Need more information on Impairment of Assets?24.01.2007. 08:12 |
