the coronavirus pandemic infused unprecedented levels of uncertainty into the global and national economies. When the virus became more widely spread in March 2020, businesses closed, workers self-isolated, and customers abstained from the marketplace. Specific industries saw an increase in the demand for their goods and services as the world transitioned to a more distanced, low- contact lifestyle. Other industries, such as energy, certain retail sectors, hospitality, manufacturing, transport and travel, have seen substantial business model disruptions leading to changes in the economic environment resulting in significant reductions in the recoverable values of their long- lived assets. As these changes in values will create sustained negative financial results for an uncertain period, IAS36 requires companies to evaluate the recoverability of long-lived assets, goodwill, and other intangible assets when an event or change in circumstances indicates that an asset may be impaired. You are required to collate all information [from various online sources]journal articles, organizational & institutional sites, media & newspapers, and international & national cases to discuss the 'triggering events' and factors mitigating the need for business to evaluate their assets for impairment. [Use appropriate case examples of business/industry with reference to individual or group assets to strengthen your discussions in the research paper]