The impairment test in a context of economic recession Abstract

The impairment test in a context of economic recession

Abstract:

It is easy to deduce that in recession cycles, it will be complicated obtain a fair value of an asset above, or at least equal, to the price paid in bullish economic cycles; considering, that the business plans of the acquired companies comply with new prospects and the markets reflected the uncertainty and instability of the moment.

Keywords: Impairment, Recoverable Amount, Prospects