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CMA Final · Corporate Financial Reporting · Impairment of Assets (Ind AS 36)

Paragraphs 103, 137 and C9 of Appendix C of Ind AS 36 are shown as deleted. What is the common reason given in the comparison with IAS 36?

They were deleted because each referred to an Illustrative Example, namely Examples 8, 9 and 7, which are not an integral part of the standard. Their paragraph numbers are retained to stay consistent with IAS 36 numbering.

  1. AThey duplicate requirements of Ind AS 113
  2. BThey made references to Illustrative Examples (8, 9 and 7) that are not an integral part of the standard, and their numbers are retainedCorrect
  3. CThey dealt with transitional provisions moved to Ind AS 101
  4. DThey dealt with investment property at fair value

Explanation

Paragraph 103 referred to Example 8 on corporate assets, 137 referred to Example 9 on disclosures, and C9 referred to Example 7 on a non-wholly-owned cash-generating unit with goodwill. All were deleted because the illustrative examples are not integral, with numbers retained for consistency. The Ind AS 113, Ind AS 101 and investment property reasons relate to other paragraphs.

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