AU Disclosure Checklist Refresher Training - Impairment (1)

Key Focus Areas - Impairment A. Impairment - AASB 136 - for each individual asset, class of assets or CGU - for each material impairment loss recognized/reversed - for each CGU with significant goodwill or indefinite lived intangibles -- even if no impairment - If a reasonably possible change in a key assumption would cause an impairment, disclose B. Impairment - AASB 136 - Disclosure examples - Allocation of goodwill and intangibles with indefinite useful lives to CGU - Recoverable amounts and assumptions - Key assumptions disclosures - Reasonably possible change