...). In addition to asset impairment calculations, the complexities of this situation challenge students to evaluate ethical issues, develop alternatives, and recommend a course of action for the divisional CFO. Finally, the case requires students to explore corporate reputation risk and the accounting...

... to the company's independent public accounting firm's audit staff. International Financial Reporting Standards (IFRS) asset impairment fair value valuation techniques IAS 36 IAS 40 IFRS 13 2014 Editor's note: Accepted by William R. Pasewark The authors thank William R. Paswark...