Webinar | Understanding the what, how and when of conducting impairment testing

During this webinar, Aletta Boshoff considers the basic principles and requirements underlying impairment testing, examines the key steps of impairment testing, and discusses some tips to improve the quality of your impairment testing process. She uses practical examples to highlight the key features and some of the common pitfalls associated with impairment testing.

Presented by Aletta Boshoff

0:00-4:17 - Introduction
4:17-6:51 - Agenda
6:51-8:06 - Resources from BDO in Australia - impairment testing
8:06-15:23 - Introduction and scope of impairment testing
15:23-15:31 - Identifying an asset that may be impaired
15:31-18:22 - When to test an asset for impairment
18:22-22:32 - Examples of external sources of information
22:32-24:58 - When to test an exploration and evaluation (E&E) asset in scope of IFRS 6 asset for impairment
24:58-26:02 - What is an impairment loss?
26:02-31:09 - Determining the carrying amount
31:09-33:00 - Allocating goodwill to CGUs
33:00-35:16 - Allocating corporate assets
35:16-42:26 - Attributable liabilities
42:26-45:28 - Determining the recoverable amount
45:28-46:42 - How to measure the recoverable amount
46:42-49:28 - Fair value less costs of disposal
49:28-54:18 - Value in use
54:18-1:01:14 - Estimated future cash flows - value in use
1:01:14-1:02:29 - Discount rate - value in use
1:02:29-1:04:17 - Recognising and measuring an impairment loss
1:04:17-1:04:31 - Goodwill and cash-generating units (CGUs)
1:04:31-1:05:26 - Reversing an impairment loss
1:05:26-1:06:34 - How BDO can help