7.13 Impairment of financial assets - Viewpoint
2024-07-06 17:307.13.1 Impairment—scope. The scope of instruments subject to the IFRS 9 impairment requirements is similar to the scope of instruments subject to ASC 326. Both apply to financial assets measured at amortized cost, as well as to off-balance sheet exposures, such as loan commitments and guarantees. Neither apply to investments in equity ...
IAS 36 資產減損 (IMPAIRMENT OF ASSETS) 36 簡覽範圍 除其他準則另有規範外,適用於所有資 . 計。 衡量 資產帳面金額若超過可回收 . 額,即已減損。當企業辨認有任何減損跡象後,企業即應正式估計資產或現金產生單位 . 回收金額。 除商譽及非確定耐用年限或尚未可供 ...
What Does Impairment Mean in Accounting? With Examples - Investopedia
Impairment is an accounting principle that describes a permanent reduction in the value of a company's asset, normally a fixed asset. When testing for impairment, the total profit, cash flow, or ...
Impairment Allowance for Expected Credit Losses - Fincyclopedia
An allowance that is created by a bank for potential impairment losses (that may arise from the loans and advances extended to its customers). On an ongoing basis, impairment allowance is created for the remaining financing period, considering the probability of the occurrence of the event of default.. This allowance or provision is held on a balance sheet as a result of the raising of a ...
完Q之路（八十三）：HKAS 36 資產減值（Impairment）- 減值評估測試（Impairment Test）和使用價值（Value ...
事實上，有一些會計準則中也會提及到這個模型，例如HKFRS 16 Leasing、HKFRS 13 Fair Value Measurement、HKAS 36 Impairment。 簡單來說，公司需要為將來的現金流進行合理的預測，例如針對行業發展、前境、營商環境、地區經濟等等，設下合理的假設，並以數字反映這些假設 ...
PDF Hong Kong Accounting Standard 36 - Hong Kong Institute of Certified ...
impairment testing the cash-generating unit(s) to which it relates. However, the Standard clarifies that: (a) the goodwill should, from the acquisition date, be allocated to each of the acquirer's cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the business combination ...
Value in Use (IAS 36 Impairment) - IFRScommunity.com
Value in Use as the Recoverable Amount (IAS 36) Last updated: 23 February 2024. 'Value in use' can be defined as the future cash inflows and outflows arising from the continued use of an asset and from its ultimate disposal. These cash flows are discounted to account for the time value of money and risk. Often, practitioners use a single ...
Impairment of Financial Assets (IFRS 9) - IFRScommunity.com
IFRS 9 introduced a simplified approach to aid entities with less sophisticated credit risk management systems. In this approach, entities aren't required to monitor changes in the credit risk of financial assets (IFRS 9.BC5.104). Instead, lifetime ECL are recognised from the date of initial recognition of a financial asset (IFRS 9.5.5.15).
IFRS - IAS 36 - Recognising impairment losses | Grant Thornton insights
An impairment loss must be recognised for a CGU when the recoverable amount of the unit is less than its carrying amount. IAS 36 prescribes the impairment loss to be allocated: then, to the other assets of the unit, pro rata on the basis of the carrying amount of each asset in the unit. However, in allocating the impairment loss, an entity ...
Impairment of financial assets | ACCA Global
Financial assets subject to impairment. If deemed necessary, a loss allowance for ECLs should be recognised for the following financial assets: those measured at amortised cost and at fair value through other comprehensive income (OCI) lease receivables. contract assets. irrevocable loan commitments, and.
IAS 36 Impairment of Assets - IFRS
Schedule 2. Calculation of the value in use of the Country A cash‑generating unit at the beginning of 20X2. The present value factor is calculated as k = 1/ (1+a) n, where a = discount rate and n = period of discount. Based on management's best estimate of net cash flow projections (after the 40% cut).
「重要會計用語中英對照」 3 Item Term in English Term in Chinese 65 allowance account 備抵帳戶 66 Allowed alternative treatment 允許之替代處理 67 American share option 美式股票選擇權 68 Amortisation 攤銷 69 Amortisation method 攤銷方法 70 Amortisation period 攤銷期間 71 Amortised cost 攤銷後成本 72 Amortised cost of a financial asset or
PDF Impairment of Assets IAS 36 - IFRS
International Accounting Standard 36 Impairment of Assets (as revised in 2004) was approved for issue by eleven of the fourteen members of the International Accounting Standards Board. Messrs Cope and Leisenring and Professor Whittington dissented. Their dissenting opinions are set out after the Basis for Conclusions.
完Q之路（四十九）：利得稅（Profits Tax）簡說（七） - Depreciation Allowances - 罔相心室
1. 一般用錢購買 （初期免稅額（Initial Allowance）+ 每年免稅額（Annual Allowance）） ； 2. 私人資產引入公司，當中不涉及金錢交易（只有每年免稅額（Annual Allowance），以其最初購入的成本作為名義上（Notional）的成本來計算）； 以下固定資產的購置則直接100%扣稅： 1.
PDF Financial Instruments: Impairment - IFRS
FINANCIAL INSTRUMENTS: IMPAIRMENT SCOPE 1 IMPAIRMENT OF OPEN PORTFOLIOS (POOLS) OF FINANCIAL ASSETS 2-4 APPENDICES A Defined terms B Application guidance ILLUSTRATIVE EXAMPLES BASIS FOR CONCLUSIONS Introduction BC1-BC10 Scope BC11-BC13 The objectives of the original impairment proposals BC14-BC24 IASB BC14-BC18 FASB BC19-BC24
Inside the IFRS Framework: Differentiating Impairment Losses ... - IFAC
a) Impairment. The concept of impairment of assets, clearly introduced in IFRS and, specifically in IAS 36, refers to the amount by which the carrying amount of an asset (or a cash-generating unit or group of assets) exceeds its recoverable amount. This concept reflects business reality. An asset or group of assets will only be retained when ...
Bad debts 和 Allowance for doubtful debts的差別是什麽 ... - YouTube
這一集教Bad debts（壞賬） 和 Allowance for doubtful debts（可疑壞賬準備金）它們有什麽差別？如何進賬？爲什麽需要可以壞賬準備金？這一集都會教會你!
.1 Loan impairment and the allowance for loan and lease losses - Viewpoint
This section addresses accounting and reporting for loan impairment by creditors in all industries. Menu. Accounting and reporting . Accounting and reporting . Effective dates of FASB standards - PBEs ; ... .1 Loan impairment and the allowance for loan and lease losses. Publication date: 17 Dec 2019 . us Impairment (pre-ASC 326) ARM 3560.1 ...
IAS 36 - Reversing impairment losses - Grant Thornton insights
For recognising impairment losses refer to our article 'Insights into IAS 36 - Recognising impairment losses'. IAS 36 'Impairment of Assets' sets out the requirements to follow prior to concluding if and when an asset should be impaired. However, due to the complex nature of the Standard, the requirements of IAS 36 can be challenging ...
Accounting for Impairment of Lease Receivables under IFRS 9
Under IFRS 9, if an entity chooses an accounting policy to measure the loss allowance at an amount equal to lifetime ECLs for its finance receivables, it should be applied consistently to all its financial receivables. If you are interested in keeping up to date with current IFRS accounting issues and developments, consider taking our 2021 IFRS ...
應收帳款的評價-預期信用減損損失估計 (Account ... - YouTube
應收帳款的評價-預期信用減損損失估計 (Account Receivable- Expected Credit Loss and Gain)這個單元介紹IFRS 9 公報對於應收帳款評價的簡化法，及以前呆帳的 ...
完Q之路（八十）：HKAS 8 會計政策、會計估計變動及錯誤（Accounting Policies, Changes in ...
有時候，一些會計政策的改變也會導致公司的財務報表需要作出調整。另外，當某些重大事情在報導期間（Reporting Date）之後才發生，公司可能要作出相關披露。本文將會簡述一下相關的會計調整及注意事項。 HKAS 8 會計政策變動（Changes in Accounting Policies）
Impairment Loss Allowance | IRIS+ System - The GIIN
Impairment Loss Allowance (FP2392). v5.0. Usage Guidance. This metric is intended to capture the reduction in the recoverable amount of a fixed asset below its book value. Impact Categories & Themes. Financial Services. Financial Inclusion; Metric History. April 2019 - IRIS v5.0 Released . No change. February 2016 - IRIS v4.0 Released .