26 January 2012: FASB’s impairment testing proposal deviates from IFRS
Posted by mostafa on 26 January, 2012
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This item was filled under Accounting
The United States Financial Accounting Standards Board (FASB) has published a proposal in which an entity testing indefinite-lived intangible assets for impairment would have the option of performing a qualitative assessment to determine whether it is more likely than not that the asset is impaired.