講義全部-p2任務(wù)制2.0網(wǎng)課-mike知識精講chapter2non current2.1assets

AftertheimpairmentThedepreciation/amortisationisadjustedinfutureperiodstoallocatetheasset'srevisedcarryingamountlessitsresidualvalueonasystematicbasisoveritsremainingusefullife.Oncerecognised,impairmentlossesgoodwillarenotReversalofpastAreversalforaCGUisallocatedtotheassetsoftheCGU,exceptforgoodwill,proratawiththecarryingamountsofthoseassets.However,thecarryingamountofanassetisnotabovetheloweritsrecoverableamount(ifdeterminable);itsdepreciatedcarryingamounthadnolossoriginallybeenAnyamountsleftunallocatedareallocatedtotheassets(exceptgoodwill)pro-ReversalofpastThereversalisrecognisedinprofitorloss,exceptwherereversingalossrecognisedonassetscarriedatrevaluedamounts,whicharetreatedinaccordancewiththeapplicableIFRS.Forexample,animpairmentlossreversalonproperty,plantandequipmentreversesthelossrecordedinprofitorlossandanyremainderiscreditedtoothere(IASQ40-Trailer[06/13](e)On1June20X1,Traileracquiredoffice modationatacostof$90millionwitha30-yearestimatedusefullife.Duringtheyear,thepropertymarketintheareaslumpedandthefairvalueofthe modationfellto$75millionat31May20X2andthiswasreflectedinthefinancialstatements.However,themarketrecoveredunexpectedlyquicklyduetotheannouncementofmajor ernmentinvestmentinthearea'stransportinfrastructure.On31May20X3,thevalueradvisedTrailerthattheofficesshouldnowbevaluedat$105million.Trailerhaschargeddepreciationfortheyearbuthasnottakenaccountoftheupwardvaluationoftheoffices.Trailerusestherevaluationmodelandrecordsanyvaluationchangewhenadvisedtodoso.Trailer(06/13)-W4ImpairmentRecoverableQ45-Robby[06/12](d)RobbypurchasedPPEfor$10millionon1June20X0.Ithasanexpectedusefullifeoftwentyyearsandisdepreciatedonthestraight-linemethod.On31May20X2,thePPEwasrevaluedto$11million.At31May20X3,impairmentindicatorstriggeredanimpairmentreviewofthePPE.TherecoverableamountofthePPEwas$7.8million.Theonlyaccountingentrypostedfortheyearto31May20X3wastoaccountforthedepreciationbasedontherevaluedamountasat31May20X2.Robby'saccountingpolicyistomakeatransferofthedepreciationarisingontherevaluationofRobby(06/12)-W392RecoverableQ48-Ashanti[06/10](vi)Ashantiownedapieceofproperty,plantandequipment(PPE)whichcost$12millionandwaspurchasedon1May20X3.Itisbeingdepreciatedovertenyearsonthestraight-linebasiswithzeroresidualvalue.On30April20X4,itwasrevaluedto$13millionandon30April20X5,thePPEwasrevaluedto$8million.Thewholeoftherevaluationlosshadbeenpostedtoother eanddepreciationhasbeenchargedfortheyear.ItisAshanti'scompanypolicytomakeallnecessaryforexcessdepreciationfollowingAshanti(06/10)-W6Marchant[06/14]6.On1May2012,Marchantpurchasedanitemofproperty,plantandequipmentfor$12millionandthisisbeingdepreciatedusingthestraightlinebasisover10yearswithazeroresidualvalue.At30April2013,theassetwasrevaluedto$13millionbutat30April2014,thevalueoftheassethadfallento$7million.Marchantusestherevaluationmodeltovalueitsnon-currentassets.Theeffectoftherevaluationat30April2014hadnotbeentakenintoaccountintotalcomprehensive ebutdepreciationfortheyearhadbeencharged. RecoverableItisAshanti'sc