CGU Impairment

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

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
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: 17
- Replies: 3457
Current assets are never impaired because, as you rightly say, they will, if necessary, always have been written down to NRV.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.