Discussion on Provision for Impairment in the New Accounting Standard

Assets impairment is a focus of attention in the changes of new accounting standard.It illustrates the essence of the international accounting standard,and basically draws the same framework.The assets impairment in the new standard is comparatively different from the old one.This article analyzed the provision for impairment theoretically,explained its main changes in the new standard,meanwhile pointed out the existing problems,also put forward some countermeasures.