A Consistent Implementation of IFRS 13 and IAS 36 for Non-current Assets

There is much debate for both the academic community and accounting professionals with respect to use of fair value cost accounting, as well application impairment current non-current assets. Fair are two related concepts, reason being that in order proceed latter, market price an asset should first be measured. IAS 36 came into force stipulate no valued above its actual value. Assets’ revaluation affects not only companies’ outcome but also applied depreciation method, which must adjusted accordingly new data. Assets cannot measured their value, accordance instructions, grouped form identifiable units within company was able generate cash inflows tested a whole. In this article, we focused on presenting methodology from technical approach these issues, whilst at same time remaining compatible principles finance. Real-life data existing companies have been used valuation following transformation cash-generated units, assets by controlling process. We flow generation models through business plan process apply certainty uncertainty techniques such sensitivity analysis Monte Carlo simulation. After having reviewed estimations bearing mind structure model, concluded specific parameters affecting measurement The article develop can easily different spirit provisions international standards those financial accounting.
 Keywords: FVA, finance, impairment, OR