The purpose of IAS 36 Impairment of Assets is to determine whether any of the assets carried by an entity are being held at too high a value. The result of the impairment testing is not to revalue assets upwards; it is to book an impairment loss, reverse a previously recognised impairment loss, or do nothing.

This course provides an overview of the key requirements and impacts of IAS 36 Impairment of Assets as they relate to reporting entities in all industry sectors. It also covers how to apply the requirements, using practical situations.

Key topics:

  • Principles of impairment
  • Impairment indicators
  • Impairment losses
  • Cash-generating units and corporate assets

This course consists of one online course and one online assessment.

Learning objectives

  • Identify the requirements of IAS 36
  • Determine when to test for impairment and how to identify indicators of impairment
  • Identify cash-generating units
  • Determine recoverable amounts
  • Identify the impact of IAS 36 in specific circumstances


This course is specifically designed for finance professionals who are involved in:

  • external reporting
  • financial management
  • accounting administration
  • management accounting
  • financial accounting

365 Days