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CGU Impairment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › CGU Impairment

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.
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  • November 9, 2020 at 8:49 pm #594547
    manishatai
    Member
    • Topics: 35
    • Replies: 21
    • ☆☆

    Hello, are debtors ever impaired in the CGU Impairment workings when we write down assets to their recoverable amount, or are they not ever impaired because they are usually held at their NRV?

    Thanks in advance

    November 10, 2020 at 10:03 am #594575
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3442
    • ☆☆☆☆☆

    Current assets are never impaired because, as you rightly say, they will, if necessary, always have been written down to NRV.

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