Global sunflower oil market
This page is available only in Ukrainian or Russian language version.
This page is available only in Ukrainian or Russian language version.
Long awaited progress in accounting standards has at last reached Ukraine. International Financial Reporting Standards (IFRS), previously favoured only by a group of large companies, are now compulsory for mass use.
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Due diligence of media holding, valuationof oil-extracting plants for IFRS, valuation of grain elevators for IFRS, valuation of railways, and other projects.
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International Financial Reporting Standards (IAS-IFRS) find wider and wider use in Ukraine. But current practice shows that some IFRS concepts still remain unfamiliar to the users in the country. To some extent this applies to the procedure of impairment testing. In this article we attempted to answer a number of questions concerning impairment test that our clients frequently ask us.
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