• AS 28 Impairment of Assets

  • Sep 7 2024
  • Length: 8 mins
  • Podcast

AS 28 Impairment of Assets

  • Summary

  • AS 28 aims to ensure that no asset is carried in the balance sheet at a value more than it's recoverable amount. The standard prescribes the methodology for conducting Impairment review for an asset and accounting treatment thereof.

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