IFRS Accounting Standards in Practice 2024-2025 – IAS 36 Impairment of Assets

Stay Ahead in Financial Reporting with Our Comprehensive IAS 36 Guide

BDO East Africa is pleased to announce the release of the latest guide on IAS 36 Impairment of Assets for the 2024-2025 period. This essential resource is designed to help finance professionals navigate the complexities of asset impairment and ensure compliance with the latest IFRS standards.

Key Features of the Guide:

  • Identifying Indicators of Impairment: Learn how to recognize when an impairment test is necessary.
  • Impairment Testing Process: Step-by-step guidance on performing accurate impairment tests.
  • Allocating Goodwill to CGUs: Best practices for allocating goodwill and handling complex scenarios.
  • Reversing Impairments: Understand when and how to reverse previously recognized impairments.
  • Special Considerations: Insight into the impact of significant events like COVID-19 and climate change on impairment testing.
Also Read: Finding the Best Audit Firms in Kenya: A Comprehensive Guide

Why You Need This Guide:

Accurate impairment testing is crucial for transparent and compliant financial reporting. Our guide offers practical advice, detailed insights, and real-world examples to help you apply IAS 36 standards effectively. Whether you're a seasoned finance professional or new to IFRS, this publication is an invaluable tool for your financial reporting needs.

Download Now! Ensure your financial statements are accurate and compliant by downloading our latest IFRS guide today.

Also Read: 
IFRS Accounting Standards in Practice 2024-2025 – IAS 7 Statement of Cash Flows
IFRS Accounting Standards in Practice 2024-2025 – Accounting for Convertible Notes