Accounting for impairments is extremely topical in the current climate, with very challenging rules for all companies, small and micro companies included. This seminar will cover all the important steps.
Topics covered include:
- When impairment reviews are required for fixed and current assets
- Determining recoverable amount
- Performing value in use calculations – step by step
- Allocating impairment losses in cash generating units
- Writing back impairment losses – what, when and how?