4110 | On Demand | Basic | Self-Study
IFRS: Impairments (IAS 36)
Friday, May 1, 2020 - Friday, April 30, 2021
The purpose of this course is to familiarize you with the guidance in IAS 36, Impairment of Assets, on testing an asset for impairment, recognizing and measuring the amount of an impairment loss, if any, as well as determining when it's appropriate for an entity to reverse an impairment loss.
- Identify when an entity should test an asset for impairment.
- Understand how to test an asset or cash-generating unit for impairment
- Understand how to measure and recognize impairment losses
- Identify possible reversals of previously recognized impairment losses and understand how to measure and record such reversals.
Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS
The scope of IAS 36 and assets not covered under the standard Testing an asset for impairment Recognizing and measuring the amount of an impairment loss, if any, as well as determining when it's appropriate for an entity to reverse an impairment loss