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
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Impairment test in 2012 December question 1
10y 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?
10y ago#3No, the key words are "without liabilities" ie just the assets
Thank you very much Mike!
10y ago#5You're welcome
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