Impairment of Tangible Assets [IAS 36]
Until the announcement IAS 36, there had been a wide range of practices dealing with impairment recognition and measurement. Many jurisdictions—European at most—had statutory obligations …
Posts tagged Long Lived Asset
Accounting For Impairment Of Long—lived Asset (Fixed Asset and Property)
The accounting for impairment and loss recognition of property depends on the type of property (e.g., property held for development or completed real estate project) …