文档介绍：本科毕业论文(设计)
外文翻译
外文题目 International Accounting Standard
外文出处 London:Cambridge University Press
外文作者 International mittee
原文:
International Accounting Standard 36 , Impairment of Assets
Objective
IAS 36 prescribes procedures to ensure that assets are carried at no more than their recoverable amount. The standard specifies when impairment losses are to be recognized and the conditions under which such losses should be reversed. IAS 36 also provides guidance on required disclosures.
Scope
IAS 36 specifically scopes out the impairment of certain assets for which guide inventories (IAS 2), assets arising from construction contracts (IAS 11), deferred tax assets (IAS 12), assets arising from employee benefits (IAS 19), financial assets that are within the scope of IAS 39.
Definitions
Impairment refers to the book value of assets exceeds its recoverable amount, to determine whether the impairment of assets, assets may have occurred should be based on some signs of impairment, if there is any indication, companies should conduct a formal estimate of its recoverable amount .
Identifying an asset that may be impaired
According to IAS 36, an asset is impaired if its carrying amount is greater than its recoverable amount. IAS 36 requires that, at each balance-sheet date, anization must assess whether there are any indications that assets may be impaired. If an indication of impairment exists, anization is required to estimate the recoverable amount of the asset. Note that with respect to requirements for measuring recoverable amounts (P18–57), and the general requirements for reversing an impairment loss (P109–116), the standard uses the term
“assets”; notwithstanding, the requirements apply both to individual assets and to cash-generating units.
Fair value less costs to sell
Paragraphs 25 to 29 provide guidance on determining an asset’s fair value less costs to sell.
Paragraph 25 states “the best evidence of an asset’s fair value less costs to s