28 PwC Subsequent measurement - Impairment An impairment is a loss in the future economic benefits or service potential of an asset, over and above th
{"Image DocumentName": "Subsequent measurement - Impairment", "Image ImageDescription": "An impairment is a loss in the future economic benefits or service potential of an asset, over and above the systematic recognition of the loss of the asset\u2019s future economic benefits or service potential through depreciation. IAS 36 is the current text addressing impairment of assets. E.C. accounting rule based on ED 23 (issued for comment by the IFAC), which recognises the specificities of the public sector and addresses impairment of non-cash generating assets, i.e. those assets that are not held to generate a commercial rate of return.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}