Impairement of asset
CA Bikash Ranjan Das ACA, CMA (Chartered Accountant) (53 Points)
29 April 2016
How to avoid impairment of Assets. ...Thanking you..
CA Bikash Ranjan Das ACA, CMA (Chartered Accountant) (53 Points)
29 April 2016
Sandeep Garg
(Consolidation and IndAS Application)
(1056 Points)
Replied 30 April 2016
auditor asks for 3rd party valuation report. If value of asset is more than carrying value then impairment is not required. so you need to manage the valuation report.
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