IAS 36 Impairment of Assets

Date: Nov 24, 2020 - Nov 24, 2020

CPD hours: 2 Hours

Time: 09:00 - 11:00

Event Type: Webinar

Presenter: Anton van Wyk CA(SA)

With most economies experiencing either slow growth, no growth or recessions, testing assets (or groups of assets called ‘cash-generating units’) for impairment should be a regular exercise performed by an accountant.


With most economies experiencing either slow growth, no growth or recessions, testing assets (or groups of assets called ‘cash-generating units’) for impairment should be a regular exercise performed by an accountant.  

Macro-economic indicators of possible impairment trigger the necessity to test assets for impairment, just like micro-economic indicators, such as significant damage to an asset, do. It is essential that accountants make sure that they are considering the correct principles and applying the process of impairment testing correctly in order to comply with the requirements of IAS 36. 

Join Anton van Wyk M.Com, CA(SA) on 24 November 2020 from 9:00 a.m. to 11:00 a.m. as he discusses impairment and how to determine an asset's recoverable amount.  

For more on our IFRS webinars, please check out our events page <link to events page> to register.    

Learning objectives  

By the end of this event the participant should: 

  • Understand the scope of IAS 36. 

  • Know how to identify an asset that may be impaired. 

  • Understand the indications of impairment. 

  • Know how to determine recoverable amount. 

  • Know how to disclose impairment. 


The webinar will cover the following topics:  

  • What is IAS 36? 

  • IAS 36 scope. 

  • Identification of impaired assets. 

  • Indications of impairment. 

  • Determining recoverable amount.  

  • Recognition and disclosure. 


Obtaining your CPD certificate 

This webinar qualifies for 2 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies. 

All attendees are issued with a CPD certificate available in an online profile. 

About the presenter 

Anton van Wyk M.Com, CA(SA) 

Anton van Wyk is a chartered accountant and independent consultant in International Financial Reporting Standards (IFRS and IFRS for SMEs). As former subject head of Financial Accounting at various higher education providers (including the University of Johannesburg and Monash University South Africa), he has gained valuable insights into and understanding of the important principles underlying the International Financial Reporting Standards (IFRS). 

Anton is a well-known and popular presenter who has presented numerous IFRS updates for several accounting bodies across South Africa. He is known for his ability to simplify and highlight the most important principles contained in IFRS, whilst keeping the learning process enjoyable for attendees. 

Who should attend 

The following persons will benefit from attending this webinar: 

  • Professional Accountants including: RA, CA(SA),PA(SA) and BAP(SA); 

  • Accounting officers;  

  • Tax practitioners; and 

  • Bookkeepers. 


  • R 475.00 - Online admission - Individual. 

  • R 950.00 - Online admission - Company. 


Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

  • Summarised slide presentation 

  • Reference documents and / or course material where available 

  • You can ask questions during the webinar and you will also have access to me the presenter after the webinar 

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Venues & Dates

The following venues and dates are available for this event.

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