Where the recoverable amount is determined according to the current value of future cash flows as predicted by the asset group, the enterprise shall also disclose.
The recoverable amount is the higher of an asset's net selling price and value in use.
Article 18 Where there is any evidence indicating a possible impairment of assets, the enterprise shall, on the basis of single item assets, estimate the recoverable amount.
Asset impairment means recoverable amount is lower than book value of assets, the core issue of the accounting measurement is the determination of fair value and present value of assets.
Article 2 the term "impairment of assets" refers to that the recoverable amount of assets is lower than its carrying value.
Article 2 the term "asset impairment" means that the recoverable amount of an asset is lower than its carrying amount.
Whenever the carrying amount of an asset exceeds its recoverable amount, an impairment loss representing the difference between the carrying amount and the recoverable amount is recognized in the income statement.
Article 6 Where any evidence shows that there is possible assets impairment, the recoverable amount of the assets shall be estimated.
The recoverable amount is the higher of an asset's fair value less costs to sell and the present value of the estimated future cash flow expected to be devived from the asset.
When facts and circumstances suggest that the carrying amount exceeds the recoverable amount, an entity shall measure, present and disclose any resulting impairment loss in accordance with IAS 36.
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