Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
05 September 2012Friends
Can any one of You give an example about impairment of asset, ie, how the AS on impairment of asset is applied.
Regards,
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 12 September 2012
Friends/Experts
Any thoughts please.
Regards,
sandeep
(student)
(188 Points)
Replied 12 September 2012
Impairment of assets means decrease in value of assets due to sudden decrease i value which depreciation does not show. impairment of assets is only done when certain condition are satisfied
Bhaskar Unnikrishnan CPA CMA
(Accounts / Administration)
(414 Points)
Replied 12 September 2012
CA Kedar Sakhardande
(Proprietor)
(942 Points)
Replied 15 September 2012
CAclubindia
