ICL - IAS 36 - Impairment of Assets

ICL - IAS 36 - Impairment of Assets

This publication is intended to assist businesses in preparing financial reports in Vietnam in identifying important tasks of converting from VAS to IFRS.

This publication is divided into 7 contents with the goal of helping financial report preparers determine which conversion tasks are important to perform:

  • Overview of IAS 36
  • Scope
  • Definitions 
  • Identifying an asset that may be impaired 
  • Measuring recoverable amount
  • Recognising and measuring an impairment loss
  • Reversing an impairment loss

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