Page 9 - 2018 Finac1 Test 3 Class Slides - 3. Impairment Of Assets

TEST 3 PREPARATION

Prescribed study material

• Chapter on Impairment of Assets in Descriptive

Accounting, 20th edition.

• IAS 36 Impairment of Assets.

• IAS 16 Property, Plant and Equipment – IAS 16.65

and .66 on compensation for impairment.

• IFRIC 10 Interim Financial Reporting and

Impairment (level 1).

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