IAS 36 Impairment of Assets

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  • เผยแพร่เมื่อ 22 ธ.ค. 2024

ความคิดเห็น • 52

  • @umairirfan9284
    @umairirfan9284 4 ปีที่แล้ว +9

    JazakAllah Sir Farhat, your lectures really helped me in gaining an insight of ias-36, may Almighty bless you.

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว +2

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
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  • @princemuchi6631
    @princemuchi6631 16 วันที่ผ่านมา

    Very powerful 💪. You're my favorite when it comes to financial reporting 💗

  • @jessicaling2109
    @jessicaling2109 4 ปีที่แล้ว +2

    going to take my cpa board in the philippines in october. your financial accounting videos are great help in refreshing concepts.

  • @adazhang1579
    @adazhang1579 4 ปีที่แล้ว +3

    Best lectures on TH-cam, very clear, and in-depth. thank you!

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
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  • @zulfiqardurrani3483
    @zulfiqardurrani3483 2 ปีที่แล้ว +1

    Ur the best lecturer of CPA,salute to u sir...

    • @AccountingLectures
      @AccountingLectures  2 ปีที่แล้ว

      THANK YOU. Please connect with me: linktr.ee/farhatlectures

  • @jumalenanyokie9522
    @jumalenanyokie9522 ปีที่แล้ว +1

    I have really understood impairment very well. Thank you for well detailed explanation

    • @AccountingLectures
      @AccountingLectures  ปีที่แล้ว

      Glad to hear that! Thank you and please visit the website for more farhatlectures.com/

  • @pritamlaskar7265
    @pritamlaskar7265 3 ปีที่แล้ว +1

    Nowadays I skip my university accounting classes cause I don't understand anything there. In place, I go through your videos which are very simple and easy to understand. Thank you so much! I have got semester exams in two weeks and your videos are truly helping me.

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว +1

      Happy to help! Please take a look at my additional resources: farhatlectures.pathwright.com/dashboard/

  • @nobelnoel8718
    @nobelnoel8718 2 ปีที่แล้ว +1

    I learned so much in this video rather than listening to our teacher's 2 hour lecture. Thanks!

    • @AccountingLectures
      @AccountingLectures  2 ปีที่แล้ว

      Thank you. Please check my website for more: ✅farhatlectures.com/

  • @mohamedmorsy9426
    @mohamedmorsy9426 3 ปีที่แล้ว +2

    This is a concise and comprehensive explanation which helps a lot! Thank you for that!!
    I have one question, what if the reversal amount was higher than the initial impairment loss, would we consider the remaining in OCI or income statement?

  • @zeto9milan
    @zeto9milan 2 ปีที่แล้ว

    what happens with the extra $25000 since in theory the new book value of the equipment is $900000 which is above $8750000. for reference min 22:37

  • @imranmushtaq7445
    @imranmushtaq7445 5 ปีที่แล้ว +2

    Jazak 'Allah
    Mr Farhat you really explained in elaborate way and with good practical examples

    • @AccountingLectures
      @AccountingLectures  5 ปีที่แล้ว

      You are most welcome. Please subscribe and share.
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  • @ErniSusanty
    @ErniSusanty 4 ปีที่แล้ว +1

    in the video of 9:55, you mention about approved budget and should cover a maximum of "five years" ; does this "five years" only your estimation based on your experience? or it is written in the IAS 36 rule? thanks before....

  • @nornoramramr2758
    @nornoramramr2758 3 ปีที่แล้ว +1

    God bless you Mr. Farhat

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      Thank you. Here's my international accounting course: farhatlectures.pathwright.com/library/international-accounting-ifrs/about/

  • @sudiptoroy4057
    @sudiptoroy4057 2 ปีที่แล้ว +1

    Sir what is the difference between impairment and revaluation

  • @rachinderkaurmatharu3685
    @rachinderkaurmatharu3685 2 ปีที่แล้ว

    Very well explained. So easy to under. Thanks

  • @malikbasitawan3820
    @malikbasitawan3820 4 ปีที่แล้ว +2

    Jazakallah sir.. It helped me out so much... i am really thankful to u..

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
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      🎤Email: Mansour.farhat@gmail.com

  • @tarkeshpatro2996
    @tarkeshpatro2996 2 ปีที่แล้ว

    Hi Sir
    How the increase in interest rate requires us to impair an asset, I am not able to connect this ?

  • @ahmedrifayi8257
    @ahmedrifayi8257 2 ปีที่แล้ว +1

    Very well explained, Thank you so much

    • @AccountingLectures
      @AccountingLectures  2 ปีที่แล้ว

      Please visit my website for more resources farhatlectures.com/

  • @anandkhangarot8694
    @anandkhangarot8694 5 ปีที่แล้ว

    Thanks Farhat for quick revision of this IAS.

    • @AccountingLectures
      @AccountingLectures  5 ปีที่แล้ว

      You are welcome. Please subscribe and share the channel on
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  • @accountsfundamentals7430
    @accountsfundamentals7430 2 ปีที่แล้ว +1

    Wonderful teaching ❤

    • @AccountingLectures
      @AccountingLectures  2 ปีที่แล้ว

      Please take a look at my website for additional resources: farhatlectures.com/

  • @kinzasatti3417
    @kinzasatti3417 4 ปีที่แล้ว +1

    wow sir...respect from Pakistan. Hats off

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว

      You are welcome.
      Check my website for more:
      ✔farhatlectures.com/
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  • @waikiki4033
    @waikiki4033 5 ปีที่แล้ว +1

    Hello prof. Farhat
    Nice job preparing this lecture - everything was really clear. Altough i feel like it lacks information about goodwill and differences between accounting goodwill against rest of assets and CGU.
    If you ever decide to lecture that topic I'd be very greatful.
    Sincerelly

    • @AccountingLectures
      @AccountingLectures  5 ปีที่แล้ว +1

      Did you check my intermediate accounting lessons? Chapter 12?
      th-cam.com/video/F1dnky5d8po/w-d-xo.html

  • @ibrahimjalal4606
    @ibrahimjalal4606 4 ปีที่แล้ว +1

    i benefited a lot from this lecture thanks

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
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      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
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      🎤Email: Mansour.farhat@gmail.com

  • @e.b2036
    @e.b2036 2 ปีที่แล้ว +1

    Great lecture

    • @AccountingLectures
      @AccountingLectures  2 ปีที่แล้ว

      Many thanks. Please connect with me: linktr.ee/farhatlectures

  • @giorgilobjanidze8297
    @giorgilobjanidze8297 3 ปีที่แล้ว +1

    Greate lecture like others

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      Thank you. Please take a look at my website for additional resources: www.farhatlectures.com

  • @rayomer9261
    @rayomer9261 ปีที่แล้ว

    Tysm!

  • @justinelicuanan2874
    @justinelicuanan2874 4 ปีที่แล้ว +1

    Thank you for this video sir!

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว

      You are welcome.
      Check my website for more:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
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      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @RVC0902
    @RVC0902 2 ปีที่แล้ว +1

    Thank you!

    • @AccountingLectures
      @AccountingLectures  2 ปีที่แล้ว

      You're welcome! Please connect with me: linktr.ee/farhatlectures

  • @impactfulafrica
    @impactfulafrica 5 ปีที่แล้ว

    Thanks Prof. very clear and understood

    • @AccountingLectures
      @AccountingLectures  5 ปีที่แล้ว

      You are welcome. Please subscribe and share the channel on
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  • @FBeckenbauer4
    @FBeckenbauer4 ปีที่แล้ว

    Wouldn't it still make sense to record a revaluation gain of $25k to bring the Asset up to $900k, it's true value. We're trying to show our most accurate figures on statements, as is we're just fixing a previous error without giving a true reflection of our Assets.

  • @thebeastfunnycorner3158
    @thebeastfunnycorner3158 3 ปีที่แล้ว

    Great lessons, but you need make it a bit slow to understand

  • @clementlee2967
    @clementlee2967 3 ปีที่แล้ว

    Amazing, but the accent got me rewinding 5second back again and again haha.