An impairment loss is the amount by which the carrying amount of the asset exceeds the sum of the expected future net cash flows from the use of that asset.

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An impairment loss is the amount by which the carrying amount of an asset exceeds its recoverable amount, where the recoverable amount is the higher of an asset's fair value less costs to sell and its value in use (the present value of the expected future cash flows from the asset).

An Impairment Loss Is the Amount by Which the Carrying