Asset Impairment Assessment


Impairment Testing – Subsidiary/Joint Venture/ Associate/Non-controlling investment/Goodwill or Intangible Assets
Impairment testing under Ind AS 36/IAS 36/ASC 350

Periodic assessment of Asset Impairment as per Ind AS/ IFRS regulations.

Impairment is a difference between book value and recoverable amount.

Value in use is higher of i)Fair Value (-) Cost to Sell and ii)Value in Use (i.e. present value)

Complexity in exercise is related to impairment testing of foreign investments (subsidiaries, associates, or joint ventures),
private companies, and intangibles.

error: Content is protected !!
Scroll to Top