Question
Under IFRS Impairment: to calculate Impairment loss BV-FV. To check recoverability FCF (whichever higher between FV less to cost to sell AND PV FCF) <
Under IFRS Impairment:
to calculate Impairment loss BV-FV. To check recoverability FCF (whichever higher between FV less to cost to sell AND PV FCF) < BV. What IF PV FCF is higher so I'll pick that. So my question is what will I use to calculate the loss? BV - FV which is lower OR BV - PV FCF since that's what I use for recoverability test?
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Murder Audit
Authors: Michelle Cornish
1st Edition
1775083624, 978-1775083627
