Viewpoints: IAS 36 Impairment of assets - Fair value disclosure (Oil & gas)

Learn how recent disclosure amendments to International Accounting Standard (IAS) 36 Impairment of Assets affect oil and gas organizations.

Get your downloadable electronic copy.

Download Now

Changes made to IAS 36 in May 2013 require new disclosures when an impairment loss is recognized or reversed in the period. To learn more about this topic and what it means for your oil and gas organization, read Viewpoints: Applying IFRSs in the Oil and Gas Industry: IAS 36 Impairment of Assets — Fair Value Disclosure.

What you will learn

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

  • levels of the fair value hierarchy
  • valuation techniques
  • change in valuation techniques
  • key assumptions & discount rates


Chartered Professional Accountants of Canada (CPA Canada) annually offers its views on priorities for the federal budget. Review past submissions of pre-budget briefs and consultations, and post-budget release opinions and commentary.

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.