CMA Final · Corporate Financial Reporting · Impairment of Assets (Ind AS 36)
Which of the following sets correctly lists the Ind AS 36 paragraphs that make references to Illustrative Examples and have been deleted, with numbers retained?
The deleted paragraphs referring to Illustrative Examples are paragraph 103 (Example 8 on corporate assets), paragraph 137 (Example 9 on disclosures) and paragraph C9 of Appendix C (Example 7 on a non-wholly-owned cash-generating unit with goodwill). Their numbers are retained.
- AParagraph 103, paragraph 137 and paragraph C9 of Appendix CCorrect
- BParagraphs 25-27, paragraph 103 and paragraph 137
- CParagraph 5(b), paragraph 137 and paragraph C9
- DParagraphs 91-95, paragraph 103 and paragraph C9
Explanation
The comparison lists paragraph 103 (Example 8, corporate assets), paragraph 137 (Example 9, disclosures) and paragraph C9 of Appendix C (Example 7, non-wholly-owned CGU with goodwill). Paragraphs 25-27 and 5(b) were deleted due to Ind AS 113, and 91-95 are shown as Deleted in IAS 36 itself.
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