Page 8 - 35. FR APRIL 22 MTP QP ANSWERS
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During the financial year 20X2-20X3, the CFO of the company has a view that there is no requirement of
any impairment testing for any CGU since their recoverable amount is comparatively higher than the carrying
amount and believes there is no indicator of impairment.
Analyse whether the view adopted by the CFO of Sun Ltd. is in compliance with the Ind AS. If not, advise
the correct treatment in accordance with relevant Ind AS. (INDAS 36)
35. 7
