How can we calculate the recoverable amount of depreciable assets?

Author:PhD Student Elena Emilia IORDACHE

JEL:

DOI:

Keywords:regulations, procedures, assets, accounting judgment, depreciation

Abstract:
According to the accounting principles any entity must ensure that its assets are disclosed at a value less or equal with the recoverable amount. \r\n\r\nAn adequate estimation model for the recoverable amount and for losses, in case that depreciable assets are impaired is the one established by the International Financial Reporting Standards, respectively by IAS 36 „Impairment of assets”.

---