what is impairement?
- 3 Answers
- 7090 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / subbu
Impairment is the loss of weakening of value of an asset is called Impairment under AS 28 of ICAI
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / manojs
the term to write the intangigle assets is amortistion.an
intangible assets with finite useful shall be amotised and
intangible assets with infinite useful should be impaired
and not amortised. for
eg goodwill should be impaired butshould not be amortised
treatment:its a non cash expense so it should be charged
against the income
| Is This Answer Correct ? | 1 Yes | 1 No |
Explain the difference between inactive account and dormant account?
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
Where does TDS payable & receivable appear in the books of accounts
npv, arbitrage
Tell us something about Sinking Fund.
Expand---------PRTS
how many types of meeting are conducted by company?
what is the golden rules of accountancy ?withdrwal frm atm what will be the transaction ?
how many state comes in eastern region of india?
4 Answers Infosys, State Bank Of India SBI,
distinquish between liquidity ratio and asset management ratio
what are different types of invoice?
9 Answers Eastern Medikit, WNS,
expand L R
Audit 
