impairment of asset meaning


Vishwajeet Vilas Gaikwad   16 June 2019

Vishwajeet Vilas Gaikwad

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what is meant by impairment of asset?

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Dhirajlal Rambhia (KVO Merau Kutchh)     17 June 2019

Dhirajlal Rambhia
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Impairment of assets can be explained as an unexpected decline in an asset’s service utility, or value. This might result from physical damage to the asset, changes to the legal code, or obsolescence resulting from technological innovation.

 

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subhagan sreerangam   11 August 2019

subhagan sreerangam

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good clarification and information


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