Hi, In the book, allocation of impairment of cash generating units is done to purchased goodwill and Remaining assets(Pro rata) but in the lecture the impairment in CGU is done in 1)specified assets 2)goodwill 3) remaining assets, can you please clarify on this?
If there is no specific asset to impair then we would start with goodwill but if not then the specific asset is impaired first.
Thanks
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