In Focus: Impairment

Impairment: Responding to changes in the economic environment

The world is constantly shifting and Australia finds itself in a place where it hasn’t been in recent memory – CPI has passed 5% and interest rates are on the rise. For most entities applying Australian Accounting Standards, these indicators of impairment will trigger impairment testing; and for some entities, for the first time in an extended period.

Listen back, where you'll hear from our valuation specialists as they provide some specific advice and a worked example to assist with development of forecasts that meet the needs of the accounting standards – and your auditor. We will share practical approaches to impairment analyses, including best practice and when or where to call in an expert.