This article explains the process and calculation of impairment of cash generating units in corporate accounting. It covers the identification of assets, fair value determination, disclosure requirements, and more. The second part of the article provides an example of impairment calculation and journal entries. Course code, course name, and college/university are not mentioned.

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Impairment of Cash Generating Units - Process and Calculation | Desklib

Impairment of Cash Generating Units - Process and Calculation

This article explains the procedure of identifying assets whose carrying amount is higher than the recoverable amount, calculation of impairment loss, and distribution of impairment loss among assets in cash generating units. It also provides insights into impairment loss journal entries and required disclosures in financial reports. The article is relevant for students studying corporate accounting and reporting and covers topics such as fair value, cash generating units, and goodwill.

Impairment Loss Calculation and Distribution in Cash Generating Units

Corporate Accounting Assignment Solved

Impairment of Assets IAS 36

This article explains the process of impairment test, calculation of recoverable amount, factors affecting it and allocation of impairment loss among assets. It also discusses the steps to determine the value in use and fair value less cost of sell. The article provides journal entries for impairment loss and a sample calculation. Bibliography is also included.

Finance

Impairment Test: Process, Calculation and Factors Affecting Recoverable Amount

This article explains the process of impairment test and determination of recoverable amount for assets in corporate accounting. It discusses the value in use and fair value less cost of disposal. The article also highlights the importance of estimating future cash flows and the use of discount rates in calculating present value.

Impairment Test and Determination of Recoverable Amount for Assets

This document explains the principles of recoverable amount, value in use, and disposal of assets in corporate accounting. It discusses the guidelines of International Accounting Standard 36 and AASB 136. It provides insights into impairment loss, fair value, and carrying amount. It also includes a case study on Gali Limited. 

Impairment of Cash Generating Units - Process and Calculation

About This Document

Impairment Loss Calculation and Distribution in Cash Generating Units

Corporate Accounting Assignment Solved

Impairment of Assets IAS 36

Impairment Test: Process, Calculation and Factors Affecting Recoverable Amount

Impairment Test and Determination of Recoverable Amount for Assets

Corporate Accounting: Recoverable Amount, Value in Use, Disposal of Asset

Impairment of Cash Generating Units - Process and Calculation

About This Document

Impairment Loss Calculation and Distribution in Cash Generating Unitslg...

Corporate Accounting Assignment Solvedlg...

Impairment of Assets IAS 36lg...

Impairment Test: Process, Calculation and Factors Affecting Recoverable Amountlg...

Impairment Test and Determination of Recoverable Amount for Assetslg...

Corporate Accounting: Recoverable Amount, Value in Use, Disposal of Assetlg...

Impairment Loss Calculation and Distribution in Cash Generating Units

Corporate Accounting Assignment Solved

Impairment of Assets IAS 36

Impairment Test: Process, Calculation and Factors Affecting Recoverable Amount

Impairment Test and Determination of Recoverable Amount for Assets

Corporate Accounting: Recoverable Amount, Value in Use, Disposal of Asset