Impairment of Intangibles: Limited and Indefinite Life.

[@jenny9661]

it really helped me to understand Intangible asset section, Thank you so much!!

[@AccountingLectures]

Please connect with me: linktr.ee/farhatlectures

[@arutalanala8]

Hello sir, what if in the exercise they ask us to impaired a trade name for year 2015-2017. Is the journal is still the same? Thank you

[@chrisburton4128]

If a company generates 100k ordinary business income and has no deductions but uses 50k of company income to purchase an indefinite intangible asset in the same calendar year, will the company pay taxes on 100k or 50k for the calendar year?

[@Mbali-enhleM]

Hi Sir, can impairment loss be recovered?

[@Phoenixfliesfar]

we cant write up the loss under US GAAP but under IFRS we can write up

[@Al9208]

Why not 20,000,000 loss and 20,000,000 accumulated amortization

[@laverdadescatolica5]

Thank you, Sir.

[@AccountingLectures]

Thank you and please visit the website for more farhatlectures.com/