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IMPAIRMENT OF ASSETS - Coggle Diagram
IMPAIRMENT OF ASSETS
PART B: IMPAIRMENT OF
INDIVIDUAL ASSETS
7.3 MEASUREMENT OF RECOVERABLE AMOUNT
7.4 FAIR VALUE LESS COSTS OF DISPOSAL
7.5 VALUE IN USE
STEP 1: ESTIMATING EXPECTED FUTURE CASH FLOWS
Testing for impairment during financial crises and recession
Factors to Consider in Value in Use Calculations
Traditional Approach
Expected Cash Flow Approach
Estimating Future Cash Flows
Composition of Estimates of Future Cash Flows
Inflation
Current Asset Condition
Disposal Value
Foreign Currency Cash Flows
STEP 2: DETERMINING AN APPROPRIATE DISCOUNT RATE
7.6 RECOGNISING AND MEASURING AN
IMPAIRMENT LOSS
7.7 REVERSALS OF IMPAIRMENT LOSSES
PART C: IMPAIRMENT OF
CASH-GENERATING UNITS
7.8 RECOVERABLE AMOUNT: INDIVIDUAL ASSET
OR CASH-GENERATING UNIT?
7.9 IDENTIFYING CASH-GENERATING UNITS
7.10 RECOVERABLE AMOUNT AND CARRYING AMOUNT OF A CASH-GENERATING UNIT (IMPAIRMENT OF CASH-GENERATING UNITS)
ALLOCATING GOODWILL TO CASH-GENERATING UNITS
ALLOCATING CORPORATE ASSETS TO CASHGENERATING
UNITS
IMPAIRMENT TESTING FOR CASH-GENERATING UNITS
WITH GOODWILL
TIMING OF IMPAIRMENT TESTS FOR CASH-GENERATING
UNITS WITH GOODWILL
IDENTIFYING AND ALLOCATING AN IMPAIRMENT LOSS FOR
CASH-GENERATING UNITS WITH GOODWILL
IMPAIRMENT TESTING FOR INTANGIBLE ASSETS
REVERSAL OF IMPAIRMENT LOSSES ON
CASH-GENERATING UNITS
PART A: IMPAIRMENT OF ASSETS —
AN OVERVIEW
7.1 BASIC PRINCIPLES OF IMPAIRMENT OF ASSETS
OVERVIEW OF IMPAIRMENT REQUIREMENTS
WHY IS IMPAIRMENT IMPORTANT FOR USERS?
KEY DEFINITIONS
SCOPE OF IAS 36 IMPAIRMENT OF ASSETS
7.2 IDENTIFYING ASSETS THAT MAY BE IMPAIRED
GENERAL REQUIREMENTS FOR AN IMPAIRMENT TEST
SPECIFIC REQUIREMENTS FOR CERTAIN INTANGIBLE
ASSETS AND GOODWILL
IMPAIRMENT INDICATORS
PART D: IAS 36 IMPAIRMENT OF
ASSETS — DISCLOSURE
7.11 DISCLOSURES OF IMPAIRMENT LOSSES
AND REVERSALS
7.12 DISCLOSURES OF ESTIMATES USED TO MEASURE RECOVERABLE AMOUNTS IN CASH-GENERATING UNITS