Viewpoints: Commodity prices and impairment (Oil & gas)

Learn how commodity prices factor into impairment assessments.

Get your downloadable electronic copy.

Download Now

Developed jointly by Chartered Professional Accountants of Canada (CPA Canada), the Canadian Association of Petroleum Producers (CAPP) and the Explorers and Producers Association of Canada (EPAC), this document addresses topics such as:

  • evaluating commodity prices as an indicator of potential impairment
  • disclosing impairment loss and related commodity price assumptions