EAM: Allocation Of Goodwill To CGU Impairment Process
(Doc ID 2040923.1)
Last updated on MARCH 09, 2017
Applies to:PeopleSoft Enterprise FIN Asset Management - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
Does the delivered CGU impairment process allocate the impairment first to intangibles (such as goodwill) in the CGU before it starts allocating the impairment across other assets in the CGU? This is an IFRS requirement. We don’t have sufficient information from PeopleBooks as to whether delivered functionality helps us meet the IFRS requirement: “Use the CGU Impairment page (AM_CGU_IMP_RUN_CTL) to allocate impairment losses to individual assets on a CGU basis."
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