Module IV – Indian Accounting Standards – Ind AS 36 – Impairment of Assets

Module IV – Indian Accounting Standards – Ind AS 36 – Impairment of Assets

This module talks about the impairment of assets under Indian Accounting Standards Ind AS 36

And covers the following:

• What is impairment of assets
• The recoverable amount of an asset and
• impairment losses
• Circumstances indicating impairment
• Cash generating unit
• Allocation of impairment losses of a cash-generating unit
• Decision tree related to impairment

This module will help in understanding the concept of valuation on assets suffering from impairment.

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