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U.S. GAAP vs. IFRS: Impairment of long-lived assets

rsmus.com

carrying amounts of other assets in the CGU are then reduced, on a pro-rata basis (subject to certain exceptions). Reversal of impairment loss Prohibited. Prohibited. Impairment of indefinite-lived intangible assets U.S. GAAP IFRS Relevant guidance ASC 350 IAS 36 Unit of account In general, the unit of account is an individual asset. However, in

  Other, Asset, Impairment, Intangibles, Intangible assets, Other assets

Other Assets Readily Convertible to Cash - Itemize

www.hrdc.org

CONFIDENTIAL B LIFE INSURANCE (List only those Policies that you own) Company Cash Surrender Value Policy Loan from Insurance Co. Other Loans Policy as Collateral $0.00 $0.00 C SECURITIES OWNED

  Other, Asset, Other assets

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