Explores issues common across asset categories such as impairment, borrowing costs and the treatment of assets held for sale.
IAS 23: Borrowing costs
- Scope of IAS 23
- Qualifying assets
- Determination of borrowing costs to be capitalised with regard to general borrowings and specific borrowings
- Capitalisation period
IAS 20: Accounting for Government Grants and Disclosure of Government Assistance
- Definition of government grants and government assistance
- Grants relating to assets
- Grants relating to income
- Grants relating to past expenses
IAS 36: Impairment of Assets
- Scope of IAS 36
- Frequency of impairment testing
- Indications of impairment
- Impairment of a single asset
- Impairment of a cash generating unit
- Reversal of impairment losses
IFRS 5: Non-current Assets Held for Sale and Discontinued Operations
- Recognition, measurement and presentation of non – current assets held for sale, including disposal groups
