Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

There is no difference in goodwill amortization and impairment? True or False?

user-image
Question ajoutée par Nazar Abbas , Audit Officer , Punjab Information Technology Board (PITB)
Date de publication: 2014/06/11
Hujat Ullah Khan
par Hujat Ullah Khan , Accounting Manager , JAWA Human Resources Company

Answer is ''FALSE''.

Amortization is depreciation for intangible assets which can be estimated depending on the nature of these particular asset.

Impairment is the reduction in the value of fixed assets due the change in circumstances, so that these particular assets is not as benificial as expected. this asset could be tangable or intagable.

So amortization and impairment are two different things.

In case of goodwill there is no amortization as per IAS38. so only we can charge impairment for goodwill.

Avez-vous besoin d'aide pour créer un CV ayant les mots-clés recherchés par les employeurs?