Académique Documents
Professionnel Documents
Culture Documents
STANDARDS
Chapter 4
McGraw-Hill/Irwin
4-2
4-4
Learning Objective 1
4-5
Learning Objective 1
4-6
Learning Objective 1
4-7
Learning Objective 2
4-8
Learning Objective 2
4-10
Learning Objective 2
4-11
Learning Objective 2
4-12
Learning Objective 5
4-13
Learning Objective 5
4-14
Learning Objective 5
4-15
Learning Objective 5
4-16
Learning Objective 2
4-17
Learning Objective 2
4-18
xxxx
Learning Objective 2
4-19
Learning Objective 2
xxxx
xxxx
4-20
Learning Objective 5
4-21
Learning Objective 5
4-22
Learning Objective 5
Revaluation
12,500 =
2,500 =
10,000 =
Total
$22,500
$ 4,500
$18,000
4-23
Learning Objective 5
4-24
Learning Objective 5
2,000
2,000
10,000
10,000
4-25
Learning Objective 2
4-26
Learning Objective 2
4-27
Learning Objective 2
4-28
U.S. GAAP
Has lower threshold for impairments, sometimes results in
impairments when U.S. GAAP does not.
For assets considered impaired under U.S. GAAP, impairment is
carrying amount minus fair value.
Impairment is carrying amount minus the greater of net selling
price or value in use. This is likely to differ from fair value.
IFRS uses discounted cash flows vs. U.S. GAAP which uses
undiscounted cash flows.
Learning Objective 2
4-29
Learning Objective 2
4-30
Learning Objective 2
4-31
Learning Objective 2
4-32
4-33
4-34
4-35