Topic List

1. IAS 36 Impairment of assets
2. Cash generating units
3. Goodwill and the impairment of assets
4. Accounting treatment of an impairment loss

Syllabus Learning Outcomes

1. Define an impairment loss
2. Identify the circumstances that may indicate impairments to assets
3. Describe what is meant by a cash generating unit
4. State the basis on which impairment losses should be allocated, and allocate an impairment loss to the assets of a cash generating unit