IAS 36 – Impairment of Assets

40.00 Inc VAT

Thursday 08 July 2021 | 09:30 (Europe/Malta)

Online Live Session

MIA Accreditation | 3 hours Core in terms of the Accountancy Board CPE scheme.

Seats Available

IAS 36 Impairment of Assets seeks to ensure that an entity’s assets are not carried at more than their recoverable amount. This defined as the higher of its fair value less costs of disposal and its value-in-use to the entity. With the exception of goodwill and certain intangible assets for which an annual impairment test is required, entities are required to conduct impairment tests where there is an indication of impairment of an asset. This test may be conducted for a ‘cash-generating unit’ where an asset does not generate cash inflows that are largely independent of those from other assets.

IAS 36 was reissued in March 2004 and applies to goodwill and intangible assets acquired in business combinations for which the agreement date is on or after 31 March 2004, and for all other assets prospectively from the beginning of the first annual period beginning on or after 31 March 2004.

Download Event Brochure

Speaker

Kevin Vassallo is a senior executive at the Central Bank of Malta. He is a certified public accountant by profession and holds a post-graduate degree in the science of finance. His work experience includes internal audit, human resources management, portfolio management in the money & fixed-income markets, foreign exchange and risk management. He is currently a risk manager and also an ACCA tutor for BPP in advanced corporate reporting.

Events Resources

Events resources will be sent by email after the delivery of the event.

Event Details

Day 1: 08/07/2021

Start time: 09:30 CEST

End time: 12:45 CEST

Venue: Online Live Session

Phone: +356 27555560 / +356 77555560

Email: info@societyeducation.online