현금창출단위를 활용한 관리운영권의 손상검사에 대한 연구: A에너지기업 사례

K-IFRS introduced from 2011 is more concerned with the economic substance of accounting transactions based on the principle standards. So the discretion of managers can significantly increase in K-IFRS. In this study, we first present the accounting standards related to the impairment test of intangible assets and a energy company's review of impairment test of managing and operating using CGU(cash generating unit). Major issues and improvements of this study are summarized as follows: First, cash generating units for impairment testing should be carefully determined and managed. Second, it is necessary to build an impairment test process to identify information required from the determination of cash generating unit to the recognition of asset impairment losses. Third, it is important to make an independent evaluation procedure to provide information of asset fair value. Finally, managers need to pay more attention to expand the scope and accuracy of disclosure related to assumptions such as forecasts of discount rate and future cash flows. If overall guidelines of this paper is applied to other companies, the usefulness of impairment accounting information will be improved. Also standard-setters can also use implications of this paper as a reference for establishing policies to enhance the transparency of impairment accounting.