Impairment loss with regard to CGU (cash generating unit) including goodwill
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Added on 2023-04-23
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This article discusses the procedure prescribed by AASB 136 for assuring that entity’s assets are reported at the value which is not more than the asset’s recoverable amount. It explains the concept of CGU and impairment loss, and the process of estimating recoverable amount for individual asset and CGU. The article also discusses the testing of impairment for goodwill associated with CGU and the recognition of impairment loss for CGU.
Impairment loss with regard to CGU (cash generating unit) including goodwill
Added on 2023-04-23
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