• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

IAS 36 Impairment of CGU query

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 36 Impairment of CGU query

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 17, 2021 at 10:31 pm #631881
    parthbhanushali
    Member
    • Topics: 34
    • Replies: 20
    • ☆☆

    Please tell me if following information is correct or not.

    The allocation of Impairment of CGU should be in following order:-

    1.Reduce the carrying amount of any goodwill allocated to the CGU

    2. The other assets of the unit (group of units) pro rata on the basis of the carrying amount of each asset in the unit (group of units).

    But in case of an obviously impaired asset (eg damaged), the allocation of Impairment of CGU should be in following order:-

    1. Allocate impairment to obviously impaired asset first

    2. Reduce the carrying amount of any goodwill allocated to the CGU

    3. The other assets of the unit (group of units) pro rata on the basis of the carrying amount of each asset in the unit (group of units).

    August 18, 2021 at 8:43 am #631904
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3411
    • ☆☆☆☆☆

    That is all correct.

    When you say ‘the other assets’, note that this means the other NON CURRENT ASSETS.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Josfel on Relevant cash flows for DCF Taxation (example 4) – ACCA Financial Management (FM)
  • askar.turganbayev@gmail.com on AA Chapter 2 Questions
  • RashidMh on MA Chapter 1 Questions Accounting for Management
  • John Moffat on Relevant Cash Flows for DCF Relevant Costs (example 1) – ACCA Financial Management (FM)
  • John Moffat on Accounting for Management – ACCA Management Accounting (MA)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in