Accounting issues related to asset impairment.
Not what you're looking for?
Please explain the accounting issues that are related to asset impairment.
Purchase this Solution
Solution Summary
The solution explains the accounting issues that are related to asset impairment. References are provided.
Solution Preview
Explain the accounting issues related to asset impairment.
An impairment loss is measured as the amount by which the asset's carrying amount exceeds the higher of the value in use and the net selling price of that asset.
Indications of Impairment [IAS 36.12]
External sources:
- market value declines
- negative changes in technology, markets, economy, or laws
- increases in market interest rates
- company stock price ...
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Operations Management
This quiz tests a student's knowledge about Operations Management
Introduction to Finance
This quiz test introductory finance topics.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.