IND AS 36 CROSSWORD

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Across
  1. 2. Reduction recognized when asset value falls. (4)
  2. 4. Rate used to discount future cash flows. (8)
  3. 6. Amount expected from disposal at end of useful life. (8)
  4. 10. Asset deterioration due to technological advancement. (11)
  5. 12. Indicator that an asset may have lost value. (10)
  6. 15. Value obtainable from selling an asset. (9)
  7. 16. Loss recognized in the statement of profit and loss. (10)
  8. 17. Decline in value of an asset. (10)
  9. 18. Value derived from future cash flows. (8)
  10. 19. Amount recoverable through sale or use, whichever is higher.(11)
Down
  1. 1. Asset with indefinite life requiring annual testing. (8)
  2. 3. Smallest identifiable group of assets generating cash inflows. (3)
  3. 5. Annual exercise to check for asset impairment. (4)
  4. 7. Future economic resource controlled by an entity. (5)
  5. 8. Period over which an asset is expected to be used. (10)
  6. 9. Assumptions used in impairment calculations. (8)
  7. 11. Asset value recorded in books. (8)
  8. 13. Market-based measurement under IND AS. (9)
  9. 14. Present value of expected future cash flows. (10)
  10. 15. Process of estimating future economic benefits. (10)