IAS 28Chapter 6Lesson 1
Impairment of the investment: objective evidence and a test of the whole investment
Step 1 of 7Learning objectives
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The investment is tested when there is objective evidence of impairment; the test covers its whole carrying amount, goodwill included, compared with its recoverable amount, as a single asset under IAS 36.
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Learning objectives
- Identify the objective evidence of impairment of the net investment and justify that a test is required.
- Calculate the impairment loss by comparing the whole carrying amount with the recoverable amount, and record it.
- Explain that the 2026 proposal on indicators is not a rule in force.