英语翻译Notwithstanding subtle differences,whether you are an Irish GAAP or IFRS reporter,the fundamentals of an impairment review are the same:to work out the recoverable amount of an asset being the higher of value in use (VIU) or fair value less cost to sell (or NRV).If the higher of these numbers is an amount below the carrying value of an asset,then an impairment charge must be recorded.Both standards provide a list of indicators of impairment,for ex

英语翻译
Notwithstanding subtle differences,whether you are an Irish GAAP or IFRS reporter,the fundamentals of an impairment review are the same:to work out the recoverable amount of an asset being the higher of value in use (VIU) or fair value less cost to sell (or NRV).If the higher of these numbers is an amount below the carrying value of an asset,then an impairment charge must be recorded.Both standards provide a list of indicators of impairment,for example if a company is making losses or if there has been technological advance in respect of an asset.But even without reviewing an accounting standard,impairment is reasonably easy to spot.If a company has plant that has been mothballed because there is no business to service or if a company has a bank of development land or is in the course of developing a site,common sense would suggest that,in the current climate,one would have to question whether the initial investment can be recovered.