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impairment loss

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.

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September 5, 2020 at 8:03 am #583527
toushiga
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Hello Sir, I would like to know the rationale or reason that the impairment loss allocation to CGU is only proportionate to the NCA but not CA(eg. ST investment) after first allocated to the GW?Why only the NCA subjected to the impairment loss?
September 5, 2020 at 4:27 pm #583591
Stephen Widberg
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Because CA are already carried at the lower of cost and NRV – you cannot write them down further.
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