PRACTICAL PROBLEMS AND PROSPECTS FOR IMPLEMENTING THE IMPAIRMENT TEST (IAS 36) IN THE ACCOUNTING OF LONGTERM ASSETS

Abstract

The article analyzes practical challenges in implementing the Impairment Test (IAS 36) in the accounting of long-term assets. It explores methods of determining recoverable amounts, shortcomings in accounting policies, and common errors in Uzbekistan's practice. Furthermore, it outlines prospects for addressing these issues through international experience and proposes improvements to accounting policies.