This article discusses impairment loss for cash generating unit excluding goodwill as per AASB 136. It explains the regulations and guidelines for identifying cash generating units and allocation of loss. The article also covers the indications for impairment and the process of approximating the recoverable amount of assets. The subject is corporate accounting and the university name is not mentioned.

Learn about impairment loss for cash generating unit excluding goodwill as per AASB 136. Understand the regulations and guidelines for identifying cash generating units and allocation of loss.

Impairment loss for Cash Generating Unit Excluding Goodwill - Desklib

Impairment loss for Cash Generating Unit Excluding Goodwill

This article discusses the reversal of impairment loss for goodwill and depreciation of non-current assets in corporate accounting. It explains the directives stated under IAS 36 for Impairment and the formula used for computation of fair value. The article also covers the recoverable amount, value in use, fair value, and cost of disposal. The assumptions and factors involved in projecting the stream of cash and calculating the value of assets are also discussed.

Corporate Accounting: Impairment Loss for Goodwill and Non-Current Assets

Finance

Political Science

ACCT19061 Advanced Financial Accounting (AFA)

Accounting Theory - Sample Assignment

This article explains the concept of impairment loss for cash generating unit excluding goodwill as per AASB 136. It covers the definition of carrying amount, cash generating unit, recoverable amount, and more. The article also discusses the requirements to identify the CGU, determine the carrying value, and identify the amount of impairment loss for the CGU. It further explains the journal entries and the disclosure requirements for impairment loss for CGU.

Calculus and Analysis