12 August 2009 #1 S SamLau Joined 23 May 2009 Posts 35 Reactions 0 Hi everyone, Hows it going today? Just another quick question for anyone who knows I've been reading company reports and they use the word "impairment" . What does it mean? Thanks !!
Hi everyone, Hows it going today? Just another quick question for anyone who knows I've been reading company reports and they use the word "impairment" . What does it mean? Thanks !!
12 August 2009 #2 doctorj Hatchet Moderator Joined 3 January 2005 Posts 3,271 Reactions 8 Have a read of: http://www.iasplus.com/standard/ias36.htm It's an accounting term. Simply speaking, an asset is impaired when the value its recorded at on the company's books is greater than its recoverable (market) value.
Have a read of: http://www.iasplus.com/standard/ias36.htm It's an accounting term. Simply speaking, an asset is impaired when the value its recorded at on the company's books is greater than its recoverable (market) value.
13 August 2009 #3 jono1887 Joined 24 April 2009 Posts 1,114 Reactions 0 they may be vision or mobility impaired