IPCC RTP – Last 7 Attempts

When an asset’s carrying value exceeds its Recoverable Amount — you must write it down.

Recoverable Amount = Higher of:

▪️ Fair Value less Cost to Sell

▪️ Value in Use (PV of future cash flows)

📌 Tested annually for Goodwill & intangibles. For others — only when indicators exist.

💡 Classic trigger: subsidiary performing poorly, market cap below book value, or adverse market conditions.

Connect - Learn - Grow !!!