Tell us what you think about ED 210

ED 210 on Amendments to IPSAS as a Result of the Application of IPSAS 46 Measurement invites specific comment on the replacement of value in use of a non-cash-generating asset with current operational value. For more information, refer to the material on the ASB website and the article on “The IPSASB approves an Exposure Draft on the application of current operational value across IPSAS”. 

Specific matter for comment 3 states: 

Do you agree with the replacement of value in use of a non-cash-generating asset by current operational value in the definition of recoverable service amount in IPSAS 21, Impairment of Non-Cash Generating Assets, as proposed in Part 2 of this ED? Recoverable service amount is the higher of a non-cash-generating asset’s fair value less costs to sell and its current operational value. 

If you do not agree please explain your reasoning. 

To respond to this question, ED 210 can be accessed here. The comment deadline is 8 November 2024.