COR1954. Long-Lived Asset Impairment under ASC Topic 360

Track: 
Accounting & Auditing - Real Estate
CPE Credit: 
1.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Attendees should have a basic understanding of A&A, Tax and Industry Issues

Friday, December 6, 2019
 
3:15pm-4:05pm

Impairment of Long-Lived Assets including Right-of-Use Assets of Leassees (as defined under ASC Topic 842)
Learning Objectives:

  • Understand the order of operations for impairment testing and identify the triggering event
  • Determine the asset group and calculate carrying amount
  • Indetify the primary asset and understand service potential
  • Understand terminal (disposal) value and allocate impairment loss among the assets within the asset group


SESSION SPEAKER(S)

CPA
Director | PwC