Fundamentals
Target audience
- Contrôleurs de gestion
- Experts comptables, Commissaires aux comptes
- Responsables financiers, consolidation et comptables
0.5 day
Virtual Classroom
Online training - Impairment testing in practice
Prerequisites
No prior knowledge is required
Objectives
◗ Apply the key principles for conducting impairment tests under IFRS and French accounting standards.
◗ Anticipate the main challenges in implementation.
◗ Develop a solid and reliable methodology.
Training program
◗ The challenges of impairment testing
– The Importance of Impairment Tests in Group Financial Reporting
✔ UNDERSTANDING | Illustration: Annotated Review of Group Financial Statements
◗ Key Principles of the Impairment Test
– Identification of indicators of impairment and frequency of testing
– Determination of recoverable amount (value in use and fair value less costs to sell)
– Scope: individual assets, groups of assets
– Determination of CGUs and allocation of goodwill
– Methods for recognizing impairment
✔ UNDERSTANDING | Quiz: Which assets should be tested, and when?
◗ Determining recoverable amount
– Calculation of value in use: characteristics of the business plan used
– Determination of the discount rate
– Calculating fair value less costs to sell
– Sensitivity analyses
– Key implementation challenges
✔ UNDERSTAND | Review of group disclosures and ESMA decisions
✔ APPLY | Case study: Should an impairment charge be recognized?
Why choose this course?
Under IFRS (IAS 36) and French accounting standards (ANC 2015), testing assets for impairment is a major challenge for companies, but it is also a process whose procedures are often poorly understood. This training course is designed to help you build a solid foundation for your impairment tests.
Teaching and assessment methods
Online training: three visual elements—a video of the facilitator, the presentation, and a virtual whiteboard; interactive quizzes; a maximum of 6 participants.
Before: self-assessment quiz.
During the session: presentation of the main principles, practical implications, examples drawn from recent financial statements. Practical case studies and interactive quizzes ensure that knowledge is acquired.
After: documentary contributions. The trainer is available at the end of the course to answer any questions relating to the training.
Price
740 € EXCL. TAX
Testimonials
Online training - Impairment testing in practice
Online training - Impairment testing in practice
Online training - Impairment testing in practice
Online training - Impairment testing in practice
Jonathan C.
Company
Training