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Intangible assets-impairment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Intangible assets-impairment

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by MikeLittle.
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  • November 16, 2010 at 11:23 pm #46037
    valentinat171
    Member
    • Topics: 18
    • Replies: 34
    • ☆☆

    Dear Tutor,

    If a cash generating unit that consists of intangible assets only is impaired, do we allocate this impairment in this order:
    1. Particular impaired asset
    2. Goodwill
    3. Other intangible assets on a pro-rata basis
    Could you confirm it for me please?

    Many thanks,
    Valentina

    November 17, 2010 at 4:40 pm #70902
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Sounds ok, but I’m trying to get my head around how a cgu can comprise ONLY intangibles. can you help?

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