What’s the issue?
Deciding to vacate or sub-let office space potentially indicates impairment, so companies need to assess the potential impacts for their financial reporting now.
Head of DPP Accounting
KPMG AZSA LLC
Actions for management to take now
To help with this assessment, we provide insight and practical guidance in our guide to Testing leased office space for impairment, (PDF 728 KB) using ten key questions that companies might ask.
References to ‘Insights’ mean our publication Insights into IFRS
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