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Dear Colleague,
This comprehensive one day conference has been designed to provide the first opportunity to gain an in-depth understanding of the practical changes. Content will examine the technical details of the new proposals and its impact on curre…

Question for anyone that has dealt with this issue:
As at its transition date, a company will need to review its assets (CGUs) for indicators of impairment. Some of the indicators suggested in IAS 36 refer to “the period”. Some indicators are current – as of that date.
I have assumed that “the period” refers to the previous annual period. This assumption is based on” (a) the fact that for a regular year, the period would refer to the previous annual period, and (b) IFRS 1 indicates that the same estimates used …

Hi All,
Greetings.
Some countries accounting standards say goodwill can be amortized or impaired. Some countries will say goodwill can only be impaired. Where can I get all this information and notes regarding.
Thanks in advance.

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IFRS 6 allows companies to only perform impairment testing on exploration & evaluation (E&E) assets if there are certain indicators of impairment. Usually impairment is measured at the cash generating unit on a regular basis regardless of indicators.
What does a mining company that has primarily these E&E assets do for impairment for the rest of its assets? If all the other assets (say property plant and equipment) belong to the same cash generating unit as the E&E assets, does the company only measure for impairment when there are indicators? Or …