ion 49 nder AASB 136 Impairment of Assets, the impairment of an asset and the accounting treatment using the cost model, are as follows: Impairment Accounting treatment Carrying amount of an asset is less than its recoverable amount Asset is written up to its recoverable amount Impairment Carrying amount of an asset is greater than its recoverable amount Accounting treatment No change to the asset value Impairment Carrying amount of an asset is greater than its recoverable amount Accounting treatment Asset is written down to its recoverable amount Impairment Carrying amount of an asset is greater than its recoverable amount Accounting treatment No change to the asset value MacBook Air 888 F3 O2 8 7 % 5 $ 4 # 3 6 2