What You'll Learn!
2. Learning objectives
3. Drivers of impairments
4. The basic rule for impairments
2. Impairment tests
2. Detailed example - loss of major customer
3. Service units calculation method
4. Restoration cost approach
2. Certificate of completion and course evaluation
2. What is significant and unexpected?
3. Impact of an impairment
4. How to determine market value
5. Types of impairments
2. Example - power plant out of the market price
3. Financial impact and use of GASB 62 to recover the impairment in customer rates
2. Impairment example - Statement of Net Position
3. Impairment example - Statement of Revenues, Expenses, and Changes in Net Position
4. Impairment example - Notes to the Financial Statements
5. Key takeaways
Over 3,000+ enrollments from all skill levels
Our students have grown their skills by taking our courses. Here are just a few of their stories.
Frequently Asked Questions
Course Accreditation, Requirements, and Refund and Cancellation Policy
Program Level: Basic
Area of Study: Accounting-(Governmental) - Technical
Delivery: QAS Self Study
Prerequisites: None
Advanced Preparation: None
CPE Credits: 0.50
Last Reviewed: 8.1.24
Access Period: 12 months
Exam Questions: 5
Passing Grade: 70%
Retakes: Unlimited