IAS 36 Other impairment issues
IAS 36 Other impairment issues – When looking at the step-by-step IAS 36 impairment approach it comes down to the following broadly organised steps: IAS 36 How Impairment test
- What?? – Determining the scope and structure of the impairment review, explained here,
- If and when? – Determining if and when a quantitative impairment test is necessary, explained here,
- IAS 36 How Impairment test or understanding the mechanics of the impairment test and how to recognise or reverse any impairment loss, if necessary, which is explained here
IAS 36 Other impairment issues discusses other common application issues encountered when applying IAS 36, including those related to:
- the ‘deferred tax and goodwill problem’
- non-controlling interests
- equity accounting
- the interaction