Following IFRS, if the impairment loss is greater than the amount of reported goodwill, the firm first reduces the unit's other assets to their fair values, and then subtracts the remaining loss from goodwill.

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Under IFRS, if the impairment loss is greater than the amount of reported goodwill, the goodwill is reduced to zero first, and any remaining impairment loss is allocated to other assets of the cash-generating unit on a pro-rata basis.

Following IFRS, If the Impairment Loss Is Greater Than the Amount