PBE IPSAS 21 Impairment of Non-Cash-Generating Assets

  • Not-for-profit
  • Public Sector

Requires an entity to recognise an impairment loss if its non-cash generating assets are carried at more than their recoverable amount, specifies when an entity should reverse an impairment loss and prescribes disclosures.

  • PBEIPSAS 21 – This version is effective for reporting periods beginning on or after 1 Jan 2019 (early adoption permitted)

    Date of issue: Sep 2014 Date compiled to: 31 Jan 2019 (excludes PBE IFRS 9 and PBE FRS 48)
    Additional material: IPSAS 21 IPSASB BC (Handbook of IPSAS Pronouncements)

Previous Versions

  • PBE IPSAS 21 – This version is effective for reporting periods beginning on or after 1 Jan 2017

    Date of issue: Sep 2014 Date compiled to: 31 Jan 2017 (excludes PBE IPSASs 34-38 and PBE IFRS 9)