finanicail Accounting

Under IAS 36 Impairment of Assets,.5 impairment of an asset, and the accounting treatment using the Accounting treatment Impairment *:cost model, are as follows (1) (1 ) Carrying amount of an asset is less than its recoverable amount No change to the asset value Carrying amount of an asset is greater than its recoverable amount Asset is written down to its recoverable amount Carrying amount of an asset is less than its recoverable amount Asset is written up to its recoverable amount Carrying amount of an asset is greater than its recoverable amount No change to the asset value