Hello again Mike
May i ask why is the net assets taken for calculating the impairment is from the "Total Asset"?I've done other past year but others using "Total Equity" to do the calculation
Impairment test in 2012 December question 1
11y ago#1Because, from memory, that's what the question specified!
It's because the question says..Impairment test on cash generating unit , without liabilities.....
CGU is the keyword?
11y ago#3No, the key words are "without liabilities" ie just the assets
Thank you very much Mike!
11y ago#5You're welcome