Shankers Ltd has carried out an impairment review of its telecommunications division The assets allocated to the division were as follows The net selling price has been estimated at 14m and value in use calculated at 14 4m section Required Compare the allocation of any impairment loss in the teleco...

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Shankers Ltd has carried out an impairment review of its telecommunications division. The assets allocated to the

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Shankers Ltd has carried out an impairment review of its telecommunications division. The assets allocated to the division were as follows:

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The net selling price has been estimated at £14m and value in use calculated at £14.4m.
\section*{Required}
Compare the allocation of any impairment loss in the telecommunications division of Shankers Ltd under IAS 36 with that under FRS 11.

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Financial Accounting And Reporting

ISBN: 9780077138363

2nd Edition

Authors: John McKeith, Bill Collins

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Question Posted: Jun 11, 2024 01:03 AM

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Shankers Ltd has carried out an impairment review of its telecommunications division. The assets allocated to the

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000 Property, plant and equipment 15,100 Intangible assets 2,300 Goodwill 1,100 18,500

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Financial Accounting And Reporting

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