One of the most common mistakes in financial reporting is the uncritical assumption that it is not possible to have an impairment asset. Entities often depart from the analysis of the impairment indicators that could confirm this, forgetting that this analysis must surely be made at least once a year, due to the principle of true and fair view.

When exactly are we dealing with the loss of value. Well, it occurs when there is a high probability that the asset controlled by an entity does not generate a significant part or all of the anticipated economic benefits. The point found during the procedure brings high probability that the assets controlled by the entity will ( in a significant part or in whole) not bring net economic benefits corresponding to at least the value resulting from the accounting records as at the valuation date.

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