This article discusses the reversal of impairment loss for goodwill and its treatment in the profit and loss account of a firm. It also covers the mandatory requirements for impairment loss reversal under AASB 136 and the impact of goodwill acquisition on impairment testing of cash generating unit.

Learn about goodwill impairment reversal, AASB 136 requirements, and the impact of goodwill acquisition on cash generating unit testing.

Corporate Accounting and Reporting - Desklib

Corporate Accounting and Reporting

Corporate Accounting and Reporting (pdf)

Corporate Accounting and Reporting: Doc

This document discusses the nature of reserves and impairment loss of goodwill in accounting and financial reporting. It explains the methods that organisations have to adopt to ensure that assets are carried at amounts, which do not exceed their recoverable amounts. It also discusses the transfer of reserves and the accounts where reserves could be transferred. The document includes references and is suitable for students studying accounting and finance.

Finance

Accounting and Financial Reporting

Corporate Accounting and Reporting | Assignment

Assignment on Corporate Accounting & Reporting

Dissertation

REVERSAL OF IMPAIRMENT OF GOODWILL REVERSAL OF IMPAIRMENT OF GOODWILL 6 6 REVERSAL OF IMPAIRMENT LOSS OF GOODWILL REVERSAL OF IMPAIRMENT LOSS OF GOODWILL Author’s Note: Impairment refers to an accounting principle which is associated with permanent reduction in the value of the assets of the company which are generally fixed assets. The calculation of impairment of assets is covered by AASB 136 which is a standard issued on impairment of assets by

Corporate Accounting and Reporting

Corporate Accounting and Reporting (pdf)lg...

Corporate Accounting and Reporting: Doclg...

Accounting and Financial Reportinglg...

Corporate Accounting and Reporting | Assignmentlg...

Assignment on Corporate Accounting & Reportinglg...

Impairment of assetslg...

Corporate Accounting and Reporting (pdf)

Corporate Accounting and Reporting: Doc

Accounting and Financial Reporting

Corporate Accounting and Reporting | Assignment

Assignment on Corporate Accounting & Reporting

Impairment of assets