PBE IPSAS 21

Impairment of Non-Cash-Generating Assets

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.

  • PBE IPSAS 21 – This version is effective for reporting periods beginning on or after 1 Jan 2022 (early application permitted)

    Date of issue: Sep 2014

    Date compiled to: 31 Jan 2021


    Additional material: IPSAS 21 IPSASB BC (Handbook of IPSAS Pronouncements)

Amendments

  • 2022 Omnibus Amendments to PBE Standards – These amendments are effective for reporting periods beginning on or after 1 Jan 2023 (early application permitted)

    Date of issue: Jun 2022

Previous versions

  • PBE IPSAS 21 – This version is effective for reporting periods beginning on or after
    1 Jan 2021 (early adoption permitted)

    Date of issue: Sep 2014

    Date compiled to: 31 Jan 2020 (excludes PBE IFRS 9 and PBE IPSAS 41)


    Additional material: IPSAS 21 IPSASB BC (Handbook of IPSAS Pronouncements)
  • PBE IPSAS 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)