CPC 01 Reduction to the Recoverable Value of Assets

CFC SCORE: AUD 1, CMN 1, SUSEP 1, ProGP 1, Expert 1, PREVIC 1, ProRT 1

Program:

• Overview.
• Identification of an asset that may be impaired.
• Measurement of recoverable amount.
• Measurement of the recoverable amount of an intangible asset with an indefinite useful life.
• Fair value net of selling expenses.
• Value in use.
• Recognition and measurement of impairment losses.
• Cash and goodwill generating unit based on expected future profitability (goodwill).
• Reversal of impairment loss.
• Disclosure.

Target audience: Controllership, accounting and finance professionals, including accountants, auditors, analysts, consultants and other interested parties.