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International Financial Reporting Standards (IFRS)
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International Standards and U.S. GAAP
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International Financial Reporting Standards (IFRS) Notes

	IFRS Notes
13603	Impairment indications IAS 36-pr9 Two-step approach Step 1: Impairment indication Check if there is an indication of impairment Step 2: Impairment test Estimate recoverable amount, if there is an indication IAS 36-pr10 Exceptions For following assets, Step 2 is applied regardless of the outcome of Step 1 (1) goodwill (2) intangible asset with an indefinite useful life, not available for use For these assets, recoverable amount is estimated annually to test for impairment, even if there is no indication of impairment.

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