IFRS – IAS 36 Impairment of Assets
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
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 - When it is necessary to impair and when you won’t need to, - How to calculate a recoverable amount for impairment purposes, - What the knock-on effect will be for depreciation purposes and - How impairment affects revalued assets.
IAS 36: Impairments • Scope • Indicators of impairment • Minimum requirement every year • Determining a recoverable amount • Recognition and Reversal • Disclosure requirements
☒Financial managers ☒Auditors ☒Bookkeepers ☒Financial accountants ☒Audit managers ☒Audit partners ☒Engagement Quality Control Reviewers
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