Performing an impairment test
Impairment under French GAAP and IFRS

Target audience

X day


This training does not require any particular prerequisite.


– Be able to perform an impairment test in IFRS and know the differences and similarities with French standards
– Know how to calculate the impairment of a CGU (Cash Generating Unit) with or without goodwill

Detailed content

> Reminder of applicable French and IFRS requirements

> Impairment definition under IFRS and comparison with French standards

– The concept of recoverable value: value in use and fair value less costs to sell

> Different application levels of impairment test

– Corporate assets (tangible and intangible)
– CGU (Cash Generating Unit): definition, issues and identification in the entity. Particular cases.
– Goodwill and how to allocate it to CGUs. The link with operating segments. Practical difficulties. IFRIC 10 clarification.
– Impairment and segment reporting

> Approach

– Identifying the need to conduct an impairment test: the indicators of impairment and the process to identify them. Testing frequency.
– Practical challenges: characteristics of the business plan used as a basis for impairment testing. The concept of an asset in its present state and condition. Identifying the discount rate.
– Best practices

> Accounting for impairment and disclosure

> Summary comparison between French GAAP and IFRS

> Tax considerations

Why should you attend?

The impairment test is not really new. The principle is quite simple, but its application is often not well understood, in particular with respect to fair value.
In addition, French ANC regulation of 2015 has greatly clarified the applicable method in France. This training explains how to apply efficiently the requirements under both standards.

Training methods and assessment

Technical presentation illustrated by numerus real cases and by the trainer’s on-the-ground experience. Critical review of public registration documents to illustrate the concepts acquired during the session.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

The trainer is available by e-mail to answer any follow-up questions participants may have.


1 020 € Excl. VAT



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Jonathan C.