"The challenges associated with carrying out impairment tests at the end of the 2020 financial year", by Blanche FEAUVEAUX – published in Option Finance No. 1593 on 8 February 2021
Following a year in 2020 marked by the Covid-19 crisis, companies find themselves, at the time of their annual financial close, in a situation characterised by uncertainty, which makes it particularly difficult to determine the fair value of an asset, especially when carrying out their impairment tests.
In this highly unusual context, correctly identifying what constitutes an indication of impairment, selecting the most appropriate approach to determining the fair value of the assets to be tested, and managing the disclosure of information to shareholders are all key steps in successfully carrying out these impairment tests.
Download the full article as a PDF
Link to the article published on the Option Finance website:
Article précédent 