Discover Classes. Earn Rewards.

Essentials - A Focus on IAS 36 Impairment of Assets is unfortunately unavailable

Thankfully we have 736 other Professional Classes for you to choose from. Check our top choices below or see all classes for more options.

Graphic Design Certificate

Noble Desktop - Virtually Online

Learn the Adobe Creative Cloud apps used by professionals and master graphic design concepts to create stunning modern designs and build an impressive portfolio that showcases your skills to prospective clients or employers.

(372) All levels 18 and older
$2,995

14 sessions

Gift it!

Video Editing Certificate

Noble Desktop - Virtually Online

Master the art of video editing, audio editing, and motion graphics at a leading institution. Learn the creative techniques and workflow required to transform concepts into fully edited videos. Elevate your skills and stand out to potential clients or employers with a compelling video editing demo reel.

(372) All levels 18 and older
$2,995

13 sessions

Gift it!

Full-Stack Web Development Certificate

Noble Desktop - Virtually Online

Master the art of developing complete web applications and webpages with the Full-Stack Web Development program at Noble Desktop. Gain experience in programming the front end and back end of digital applications using HTML/CSS, JavaScript, and the MERN tech stack. Build a portfolio of web applications that will impress employers and set you apart!

(372) All levels 18 and older
$7,995

79 sessions

Gift it!

Digital Marketing Certificate

Noble Desktop - Virtually Online

Launch your career in digital marketing or create an effective marketing strategy for your business with top experts. Gain essential skills in SEO, social media marketing, paid search strategies, and analytics tracking. Boost your online presence and increase ROI with this intensive training program.

(372) All levels 18 and older
$3,995

20 sessions

Gift it!

Python Developer Immersive

Practical Programming - Virtually Online

Embark on a transformative journey into the world of Python development with a comprehensive curriculum designed to elevate your coding skills to new heights.

(378) All levels 18 and older
$3,995

15 sessions

Gift it!
See all Professional classes Online

Essentials - A Focus on IAS 36 Impairment of Assets

  • Intermediate
  • 18 and older
  • $474
  • Live Online
  • 4 hours

Start Dates (0)

  • $474
  • Live Online
  • 4 hours
  • Sales tax included.
Showing 10 of 0

Class Description

Description

What you'll learn in this ifrs training:

This focus session deals with key considerations when applying IAS 36 Impairment of Assets. The Standard applies widely, both to non-financial assets such as property, plant and equipment, goodwill, intangible and right-of-use assets and to financial assets such as interests in associates and joint ventures. Since its introduction, IAS 36 has proved to be complex to apply and involves significant subjective judgements. Its valuation model requires the calculation of an asset’s (or cash-generating unit’s) recoverable amount: this may involve calculating both value in use by estimating future cash flows and determining a suitable discount rate and fair value using a valuation technique under IFRS 13 Fair Value Measurement.

The potential impact of the coronavirus pandemic on applying IAS 36 is to increase the frequency of impairment testing and the complexity of its application. When an entity’s operations have been adversely affected, it is likely that more assets must be tested and some may have to be tested more often in a reporting period. Heightened uncertainty about the future will affect estimates of cash flows and discount rates and could also change which method of determining value in use is appropriate. Pandemic-derived uncertainties will also impact valuation techniques for determining fair values. This session explains how to apply IAS 36 in these circumstances.

The session also enables participants to raise and discuss specific issues that they have identified or anticipate when applying IAS 36 in practice.

Learning Objectives

  • Identify when impairment tests are required
  • Measure the recoverable amount of an asset or a cash-generating unit
  • Reflect impairment losses (and reversals of past losses) in the financial statements
  • Identify how the entity’s IAS 36 accounting may be affected by the pandemic
  • Draft relevant disclosures

Who Should Attend

  • Accountants in finance and reporting teams that prepare IFRS financial statements
  • External and internal auditors
  • Financial and credit analysts seeking to improve their understanding of IFRS financial statements
  • Accounting regulators and enforcement bodies

Topics

  • Scope
  • Identifying indicators of impairment
  • Frequency of testing
  • Measuring recoverable amount
    • Value in use – estimating cash flows and establishing discount rates: traditional and expected value approaches
    • Fair value less costs of disposal
  • Impairment of goodwill
    • Cash-generating units
  • Recognising losses
    • Subsequent reversals
  • Disclosure

Prerequisites

Basic understanding of accounting under IFRS or any national standards. No advance preparation is required for this course.

Remote Learning

This course is available for "remote" learning and will be available to anyone with access to an internet device with a microphone (this includes most models of computers, tablets). Classes will take place with a "Live" instructor at the date/times listed below.

Upon registration, the instructor will send along additional information about how to log-on and participate in the class.

Refund Policy

Cancellation/Refund Policies:
  • Provider reserves the right in its sole discretion to cancel or reschedule an Event, or to change the instructor without notice. You will be entitled to no compensation or damages in such a case.

  • If Provider cancels an Event (or reschedules it to a date inconvenient to you), we will provide a full refund within 30 days upon your written request, or at your option you may transfer the credit to another Provider Event or to another person.
     
  • If you cancel your registration in writing to Provider at least 14 days before the start of the Event, we will provide an 80% refund - the remaining 20% represents our administration fee. Alternatively, you are welcome to transfer the full credit to another course or to another person at no extra charge.
     
  • If you cancel your registration with less than 14 days prior written notice to Provider, or do not attend the Event for any reason whatsoever, no refund will be made and no Provider Content will be distributed to you. A transfer of the credit to another course or to another person may be possible, in Provider's sole discretion, at an extra charge equal to 20% of the original registration fee.

  • No refunds will be made after you have attended the Event. Nonetheless, the Provider is proud of its reputation in the marketplace and also of its level of customer service, and will always seek to address any concerns that you may have before, during or after the course.

Benefits of Booking Through CourseHorse

  • Booking is safe. When you book with us your details are protected by a secure connection.
  • Lowest price guaranteed. Classes on CourseHorse are never marked up.
  • This class will earn you 4740 points. Points give you money off your next class!

Questions & Answers (0)

Get quick answers from CourseHorse and past students.

IASeminars

Whatever your requirements are for training in international accounting, you can be assured that IASeminars are ready to deliver. Offering topics such as IFRS, US GAAP, IPSAS, Management Accounting and Banking Regulation, here at IASeminars we are passionate about helping you progress your professional...

Read more about IASeminars

CourseHorse Approved

This school has been carefully vetted by CourseHorse and is a verified Online educator.

IASeminars

Give This Course as a Gift Card

  • Thousands of classes
  • No expiration
  • Unique and memorable gifts for any occasion
  • Personalized
  • Explore a passion, gain a new skill, discover a new hobby, engage in a memorable experience
  • Instant delivery
  • Lock in a price with the Inflation Buster Gift Card Price Adjuster™

Buy a Gift Card

Book this Class as a Group Event

Booking this class for a group? Find great private group events

Or see all Professional Group Events

Explore group events and team building activities ranging from cooking, art, escape rooms, trivia, and more.

CourseHorse Gift Cards

  • Creative & unique gift for any occasion
  • Thousands of classes & experiences
  • No expiration date
  • Instant e-delivery (or choose a date)
  • Add a personalized message
  • Lock in a price with the Inflation Buster Gift Card Price Adjuster™
Buy a Gift Card
gift card with the CourseHorse logo gift card with the CourseHorse logo
Loading...