Auditing Impairment of Long-Lived Assets, Including Goodwill – Identifying and Calculating Impairment Losses 2.5 Credits
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Impairment of Assets seeks to ensure that an entity's assets are not carried at more than their recoverable amount (i.e. the higher fair value fewer costs of disposal and value in use).
Except for goodwill and certain intangible assets for which an annual impairment test is required, entities are required to conduct impairment tests where there is an indication of impairment of an asset, and the test may be conducted for a 'cash-generating unit' where an asset does not generate cash inflows that are largely independent of those from other assets.
Long-lived assets may be finite or indefinite-lived, tangible or intangible. The carrying value of these long-lived assets should be evaluated at each measurement date to determine whether there is an impairment loss necessary due to declines in an asset's fair value.
Major topics covered in this CPE Auditing webinar are:
This CPE webinar will describe the tips and techniques for determining whether an impairment loss risk exists, and how to calculate, record, and disclose any such loss.
Here is the link to your interests: CPE Courses for Certified Internal Auditors
| License details | Credits | Status |
|---|---|---|
| Auditing for Certified Public Accountants (CPA-US) | 2.5 CPE | Approved |
| Internal Auditing for Certified Internal Auditors (CIA) | 2.5 CPE | Eligible |
| Auditing for Certified Management Accountants (CMA) | 2.5 CPE | Eligible |
| Auditing for Delaware Licensed Public Accountant (DE-LPA) | 2.5 CPE | Eligible |
| Auditing for Certified Government Financial Manager (CGFM) | 2.5 CPE | Eligible |
| Auditing for Certified Fraud Examiner (CFE) | 2.5 CPE | Eligible |
| Auditing for Internal Audit Practitioner (IAP) | 2.5 CPE | Eligible |
| Auditing for Certification in Risk Management Assurance (CRMA) | 2.5 CPE | Eligible |
| Auditing for Certified Internal Controls Auditor (CICA) | 2.5 CPE | Eligible |
| Auditing for Certified Financial Forensics (CFF) | 2.5 CPD | Eligible |
| Yellow Book Professionals | 2.5 CPE | Eligible |
| Auditing for Qualification in Internal Audit Leadership (QIAL) | 2.5 CPE | Eligible |
| Auditing for Iowa Licensed Public Accountant (IA-LPA) | 2.5 CPE | Eligible |
| Auditing for Maine Licensed Public Accountant (ME-LPA) | 2.5 CPE | Eligible |
| Auditing for Certified Controls Specialist (CCS) | 2.5 CPE | Eligible |
| Auditing for Certified Government Auditing Professional (CGAP) | 2.5 CPE | Eligible |
| License details | Credits | Status |
|---|---|---|
| Auditing for Certified Public Accountants (CPA-US) | 2 CPE | Approved |
| Internal Auditing for Certified Internal Auditors (CIA) | 2 CPE | Eligible |
| Auditing for Certified Management Accountants (CMA) | 2 CPE | Eligible |
| Auditing for Delaware Licensed Public Accountant (DE-LPA) | 2 CPE | Eligible |
| Auditing for Certified Government Financial Manager (CGFM) | 2 CPE | Eligible |
| Auditing for Certified Fraud Examiner (CFE) | 2 CPE | Eligible |
| Auditing for Internal Audit Practitioner (IAP) | 2 CPE | Eligible |
| Auditing for Certification in Risk Management Assurance (CRMA) | 2 CPE | Eligible |
| Auditing for Certified Internal Controls Auditor (CICA) | 2 CPE | Eligible |
| Auditing for Certified Financial Forensics (CFF) | 2 CPD | Eligible |
| Auditing for Qualification in Internal Audit Leadership (QIAL) | 2 CPE | Eligible |
| Auditing for Iowa Licensed Public Accountant (IA-LPA) | 2 CPE | Eligible |
| Auditing for Maine Licensed Public Accountant (ME-LPA) | 2 CPE | Eligible |
| Auditing for Certified Controls Specialist (CCS) | 2 CPE | Eligible |
| Auditing for Certified Government Auditing Professional (CGAP) | 2 CPE | Eligible |
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We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
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