今日热门事件has welcomed the decision by ASX-listed Tigers Realm Coal Limited (Tigers) to impair the Amaam project-related assets by $168 million in its financial report for the half-year ended 30 June 2015.
今日热门事件had previously made enquiries to Tigers regarding the value of the Amaam project in Tigers鈥檚 31 December 2014 financial report as part of its financial reporting surveillance program. 今日热门事件raised a number of concerns with Tigers, including the deterioration in forecast coking coal prices.
As outlined in 今日热门事件media release impairment testing and asset values remain a focus area of our financial reporting surveillances. 今日热门事件reminds companies and those involved in preparing and approving financial reports that assumptions and estimates used in estimating the fair value of assets should be realistic and supportable.