Page 53 - FR Integrated Workbook 2018-19
P. 53

Chapter 4






                  Impairment of assets








                          Outcome





               By the end of this session you should be able to:

                    define, calculate and account for an impairment loss

                    identify the circumstances that may indicate impairments to assets

                    account for the reversal of an impairment loss on an individual asset


                    describe what is meant by a cash generating unit

                    state the basis on which impairment losses should be allocated, and allocate an
                     impairment loss to the assets of a cash generating unit


                     and answer questions relating to these areas.
























                 The underpinning detail for this Chapter in your Integrated Workbook can
                 be found in Chapter 4 of your Study Text







                                                                                                       47
   48   49   50   51   52   53   54   55   56   57   58