Name: How to perform an Impairment Analysis
Uploaded: 2022-02-23T15:30:10+00:00
Duration: 8 min 16 s
Description: In this video we look at how to perform an impairment analysis. We go through everything from a trigger analysis all the way to the impairment. We touch on the differences between IFRS and US GAAP. Fo

3 years ago

In this video we look at how to perform an impairment analysis. We go through everything from a trigger analysis all the way to the impairment. We touch on the differences between IFRS and US GAAP. For more read topic ASC 360-10-35

The 6 Triggers
1 - adverse market valuations
2 - adverse change in use of asset
3 - adverse change in laws or regulations
4 - significant cost overruns
5 - operating or projected losses
6 - selling the asset for a loss

Impairment Analysis Steps:
1 - Trigger Analysis
2 - Undiscounted Cash Flow Test
3 - Discounted (FV) Cash Flow Test

Subscribe to my channel so you don't miss anything: https://www.youtube.com/channel/UC1Iva-1xSychaikynKjspiQ?sub_confirmation=1

If you can become a patreon: https://www.patreon.com/AccountingAcademy

0:00 - Intro and Basics
0:42 - Asset Group?
1:36 - Impairment Analysis Steps
2:45 - IFRS Differences
3:27 - 6 Impairment Triggers
5:43 - Examples
7:35 - Outro

Music from Uppbeat (free for Creators!):
https://uppbeat.io/t/cinco/friends
License code: WYTKSVAKCRKL0Q5R

Loading comments...