BDO releases IFRS In Practice – IAS 36, Impairment of Assets (2020/2021)
13 August 2020
BDO has released its most up to date guidance on IAS 36, Impairment of Assets. The recent effects of COVID-19 have highlighted the amount of complexity that may arise as entities apply IAS 36 to test for impairment on their PP&E, lease assets, goodwill and intangibles. IFRS In Practice provides an in depth explanation of IAS 36, with numerous worked examples. This update also includes guidance on how IAS 36 should be applied to lease assets that have arisen due to the adoption of IFRS 16.
The publication may be accessed here.