Impairment of Assets

Aug 15, 2012

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Main topics covered. Indicators of impairmentDetermination of cash generating units (CGU)Recoverable amount Measurement of fair value less costs to sell, including the fair value hierarchy Determination of value in use Allocation/reversal of impairment loss. . I. Indicators of Impairment (Case

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Impairment of Assets

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Acquisition of Assets

Acquisition of Assets. TEXT CHAP 10. Objectives. Prepare the entries in the acquiring company for the acquisition of assets . Applicable accounting standards. AASB 1015 Acquisition of Assets AASB 1013 Accounting for Goodwill. Acquisition of Assets. Single asset Set of Assets

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ACCOUNTING STANDARD 2 8 - IMPAIRMENT OF ASSETS

ACCOUNTING STANDARD 2 8 - IMPAIRMENT OF ASSETS. AS 28 – IMPAIRMENT OF ASSETS Objective. “ To prescribe the procedures that an enterprise applies to ensure that its assets are carried at no more than their recoverable amount ”. AS 28 – IMPAIRMENT OF ASSETS Overview. Scope and Definitions

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IAS 36 Impairment of Assets

IAS 36 Impairment of Assets. Submitted by – Mukesh Thakur. What is impairment. Impairment is diminution in the value of assets otherwise than by depreciation. Objective of the standard. To state the carrying amount of the assets at no more than its recoverable amount. Implications

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Cognitive Impairment

Cognitive Impairment. 7 th October 2014, v1.0. Aims of this resource. This presentation provides an overview of cognitive impairment, and is designed for PhD students and post-graduates. Summary of contents. What do we mean by cognitive ‘impairment’?

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OPERATIONAL ASSETS: UTILIZATION AND IMPAIRMENT

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Impairment of Long-lived Assets including Goodwill

Impairment of Long-lived Assets including Goodwill. Includes Comparison of US GAAP and IFRS. Impairment of long-lived assets. IFRS: 1-step process Recoverable amount is higher of Fair value less cost to sell Value in use Discounting required in evaluation stage

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Impairment of Long-Lived Assets Background Information and Basis for Conclusions Section 3063

Impairment of Long-Lived Assets Background Information and Basis for Conclusions Section 3063. Who will Benefit From This . readers of the CICA Handbook – Accounting in understanding and applying the Recommendations

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Impairment of financial assets

Impairment of financial assets. Tentative decisions and Issues for discussion. Outline of presentation. Overview – replacement of IAS 39 Impairment framework Background – why change? Tentative IASB decisions FASB convergence Discussion points. Overview – replacement of IAS 39.

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FA2: Module 10 PPE and intangible assets: Depreciation, amortization and impairment

FA2: Module 10 PPE and intangible assets: Depreciation, amortization and impairment. Amortization Impairment Goodwill impairment. 1. Amortization of capital assets .

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ACCOUNTING STANDARD-28 IMPAIRMENT OF ASSETS

ACCOUNTING STANDARD-28 IMPAIRMENT OF ASSETS. PRESENTED By :- Dr. Raj K. Agarwal M. Com, FCA, FCS, AICWA, LLB, Ph. D M/s. Rakesh Raj & Associates

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Impairment of pcap files

JEG – Modeling aspects VQEG, Atlanta, Nov. 2010 Savvas Argyropoulos, Marcus Barkowsky Deutsche Telekom Laboratories University of Nantes/IRCCyN. Impairment of pcap files. Tool for the impairment of pcap files based on a trace file Developer: Dr. Bernhard Feiten PCAPDropPackets

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Chapter 7 - IMPAIRMENT OF ASSETS (IAS36)

Chapter 7 - IMPAIRMENT OF ASSETS (IAS36). ACTG 6580. Definition of an Impairment Loss. IAS36 defines an impairment loss as " the amount by which the carrying amount of an asset or cash-generating unit exceeds its recoverable amount ".

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FRS 136 Impairment of Assets (“IA”)

FRS 136 Impairment of Assets (“IA”). Introduction : Impairment of an asset refers to the diminution in value of an asset If there are indications that assets could be impaired then a review is done to measure the impairment

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Operational Assets: Utilization and Impairment

Insert Book Cover Picture. Operational Assets: Utilization and Impairment. 11. Some of the cost is expensed each period. Acquisition Cost. Expense. (Balance Sheet). (Income Statement). Cost Allocation – An Overview.

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Property, Plant, and Equipment and Intangible Assets: Utilization and Impairment

6. Property, Plant, and Equipment and Intangible Assets: Utilization and Impairment. Learning objective. LO1 Calculate the depreciation of a fixed assets. LO2 Calculate the depletion of a natural resource. LO3 Calculate the amortization of an intangible asset.

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Impairment of Consciousness (ACS)

Impairment of Consciousness (ACS). Dr. Boroumand. Consciousness. Cortex: Awareness (HCF) Brain Stem: Awakeness = ARAS. Posterior Fossa. Level of Consciousness ( awakness ) (means : ARAS). Full Awake(alert) Drowsiness Stupor Coma. Acute Confusional States. Or Delirious State.

835 views • 55 slides

Operational Assets: Depreciation, Impairment, and Depletion of Operational Assets

Operational Assets: Depreciation, Impairment, and Depletion of Operational Assets. DEPRECIATION CONCEPTS. Depreciation - expiration or consumption of the economic service potential of plant assets . AN ECONOMIC FACT. Depreciation accounting - the systematic and

543 views • 34 slides

Operational Assets: Utilization and Impairment

Insert Book Cover Picture. Operational Assets: Utilization and Impairment. 11. Learning Objectives. Explain the concept of cost allocation as it pertains to operational assets. LO1. Some of the cost is expensed each period. Acquisition Cost. Expense. (Balance Sheet). (Income Statement).

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LEASING OF ASSETS

LEASING OF ASSETS. Tax advantages Commercial advantages. IAS 17 ACCOUNTING FOR LEASES. The international standard recognises two types of lease: Finance lease Operating lease. THE NEED FOR AN IAS. Leasing represented off balance sheet financing Accounting treatment not uniform

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Indicators of Potential Impairment

Indicators of Potential Impairment. Isolation Conflict with colleagues Disorganization Inaccessibility Frequent absences; “Monday morning flu” Rounding on patients at odd hours Inappropriate orders Intoxication away from the hospital Prescriptions for family members

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LEASING OF ASSETS

269 views • 24 slides

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