FRS 11: Impairment of fixed assets and goodwill
Find links to the accounting standard, technical summaries, useful guides and other resources on FRS 11 collated by ICAEW Library & Information Service.
The accounting standard FRS 11 set out principles and procedures for accounting for impairments of fixed assets and goodwill. It was issued by the Accounting Standards Board in July 1998 and subsequently amended December 2009.
This standard and all other old UK GAAP FRSs have been withdrawn for reporting periods starting on or after 1 January 2015. Topics within impairment of fixed assets and goodwill are covered by Section 27 of FRS 102 under new UK GAAP.
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Unconsolidated standard and amendments as first issued
Improvements to Financial Reporting Standards 2009
Amendment issued by the ASB in December 2009.
Impairment of Fixed Assets and Goodwill
Summary published by the Financial Reporting Council.
ICAEW guidance and support
Financial Reporting Faculty
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ASB issues Improvements to Financial Reporting Standards 2009
Press notice issued by the ASB on 1 December 2009.
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