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CGU

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › CGU

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by AvatarP2-D2.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 30, 2022 at 3:01 pm #672943
    Avatarvavneetb
    Participant
    • Topics: 175
    • Replies: 123
    • ☆☆☆

    Whic statemnet is true according to IAS36

    1) A cash generating unit is the smallest identifable group of assets for which individual cash flows can be identifies and measured.

    2) when considring the impairement of CGU, the calculation of the CA and the RA does not need to be based on the exactly the same group of net assets.

    3) When it is impossible to calculate the recoverable amount of single asset then that of its CGU should be measured instead

    I have done 1 and 3. but i don’t know the answer

    December 3, 2022 at 1:02 pm #673216
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Hi,

    Sorry, I don’t understand what you mean when you say that you have done 1 and 3. Is that saying that you think they are true or false?

    Thanks

    December 3, 2022 at 11:42 pm #673260
    Avatarvavneetb
    Participant
    • Topics: 175
    • Replies: 123
    • ☆☆☆

    So I think 1 and 3 is true

    December 30, 2022 at 9:23 am #675218
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    I think you are right but I doubt you would see this in the exam.

    Thanks.

  • Author
    Posts
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