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This standard and all other old UK GAAP FRSs have been withdrawn for reporting periods starting on or after 1 January 2015.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.
How can I get a copy of this standard?
Consolidated standard
There is no free consolidated version of FRS 11 available online.
However, we can provide copies of the consolidated standard, which includes amendments, through the Library's premium databases by email. Contact us by phone on +44 (0)20 7920 8620 or by email at library@icaew.com for more information.
Unconsolidated standard and amendments as first issued
Financial Reporting Standard 11: Impairment of fixed assets and goodwill
This is the full text of the original standard as issued by the Accounting Standards Board in July 1998. It does not include any subsequent amendments.
Improvements to Financial Reporting Standards 2009
Amendment issued by the ASB in December 2009.
Summaries
Impairment of Fixed Assets and Goodwill
Summary published by the Financial Reporting Council.
ICAEW guidance and support
Corporate Reporting Faculty
The faculty offers assistance and support in IFRS, UK GAAP and other aspects of business reporting. It offers technical briefings and factsheets, IFRS and UK GAAP standards-trackers, plus practical advice from industry experts and working accountants.
FRC news
ASB issues Improvements to Financial Reporting Standards 2009
Press notice issued by the ASB on 1 December 2009.
Online articles
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