The International Accounting Standards Board has published 'Recoverable amount disclosures for non-financial assets' (amendments to IAS 36). These narrow-scope amendments to IAS 36, 'Impairment of assets', address the disclosure of information about the recoverable amount of impaired assets if that amount is based on fair value less costs of disposal.
Assurance Partner, Ethics and Business Conduct Leader, PwC Philippines
Tel: +63 (2) 8459 3063
Carlos Federico C. de Guzman
Assurance Partner, PwC Philippines
Tel: +63 (2) 8845 2728