Based on recently complied projections management
Based on recently complied projections, management expects that the book value of Asset X will not be recovered. The following information for Asset X is available:
In accordance with IFRS, the amount of the write-down is closest to:
A. $24,346.
B. $24,465.
C. $47,428.
参考解答
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2024-11-15 05:45:18
Ans: B.
Under IFRS, an impairment loss exists when the carrying amount (net book value) of the assets exceeds its recoverable amount. The recoverable amount is defined as the greater of the assets net realizable value (fair value costs to sell) and its value in use:
In 2010 and 2011, there is no impairment because the carrying amount of the asset is less than the recoverable amount. In 2012, the carrying amount exceeds the recoverable amount, so an impairment loss equal to $24,465 ($390,200-365,735) must be recognized.
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