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| | ''Regulation - governance.'' |
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| ''Financial reporting''.
| | Self-Regulatory Organisation |
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| A reduction in the recoverable amount of an asset below its carrying amount.
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| Impairment may apply, among other assets, to tangible fixed assets, goodwill, loans or inventory.
| | ==See also== |
| | * [[Governance]] |
| | * [[NASDAQ]] |
| | * [[New York Stock Exchange]] (NYSE) |
| | * [[RPB]] |
| | * [[Self-regulation]] |
| | * [[Self-regulatory organisation]] |
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| Relevant accounting standards include IAS 36, Section 27 of FRS 102 and IAS 2.
| | [[Category:Accounting,_tax_and_regulation]] |
| | | [[Category:The_business_context]] |
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| The related accounting adjustment required to reduce the carrying amount of the asset in the balance sheet - to the new lower recoverable amount - and to recognise an impairment loss.
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| More generally, any weakening, damage or reduction in value.
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| Causes of impairment may include damage, obsolescence and declining credit quality.
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| == See also ==
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| * [[Fixed assets]]
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| * [[FRS 102]]
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| * [[Goodwill]]
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| * [[IAS 2]]
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| * [[IAS 36]]
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| * [[IFRS 9]]
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| * [[Impaired loan]]
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| * [[Net book value]]
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| * [[Net realisable value]]
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Latest revision as of 13:22, 30 June 2022
Regulation - governance.
Self-Regulatory Organisation
See also
