Intangible Assets Flashcards by Charles Geppi

IFRS - Impairment of Intangibles

What are the JEs for a finite and infinite life?

Finite
Reval. surplus-OCI (balance)
Impairment loss (plug)
         Asset OR Accum Amort
Indefinite
Reval. surplus-OCI (balance)
Impairment loss (plug)
          Asset

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Intangible Assets Flashcards

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