...). 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...

... for their comments and willingness to classroom test the case. Jessica L. Osgood provided insightful comments on a early version of the manuscript. Editor's note: Accepted by William R. Pasewark 2014 International Financial Reporting Standards (IFRS) asset impairment fair value valuation...