Page 8 - Finac1 Test 3 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).

8