Impairment
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Started by: Chantell MartensChantell Martens
On: 1256697409|%e %b %Y, %H:%M %Z|agohover
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Impairment
Chantell MartensChantell Martens 1256697409|%e %b %Y, %H:%M %Z|agohover

Hi everyone,

I was just wondering how everyone else defines the term impairment, and how other Councils assess the impairment of Intangibles with indefinite life, eg Water Rights?

Thanks,
Chantell

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Unfold Impairment by Chantell MartensChantell Martens, 1256697409|%e %b %Y, %H:%M %Z|agohover
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Re: Impairment
Wayne EddyWayne Eddy 1256698242|%e %b %Y, %H:%M %Z|agohover

Hi Chantell,

This won't help very much, but Wikipedia defines impairment as a downward revaluation of fixed assets.
I have created a page on the topic, and hopefully someone with more accounting knowledge than me, will add some more useful information to the page in due course.

Wayne Eddy
Bundaberg, Australia

Last edited on 1257386250|%e %b %Y, %H:%M %Z|agohover By Wayne Eddy + Show more
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