Goodwill - Impairments under IFRS 3

Objectives

This session will focus on the recognition of goodwill in a cash generating unit and the practical impairment considerations for entities applying IFRS requirements. With economic uncertainty and the impact of climate change, impairments continue to be a relevant and often challenging area for entities.

Key topics

• Recognising goodwill in a cash generating unit (CGU)
• Applying the impairment principles of IAS 36 Impairment of Assets to a CGU
• Considerations of the key assumptions used in measuring the recoverable amount
• Overview of the key disclosures
• Key differences with UK GAAP

Who should attend

All levels of staff involved in preparing and/or auditing financial statements.