Question: a)Identify and explain the two main methods of valuing non-current assets, note how they are applicable under IFRS and US GAAP. b)Explain how the impairment

a)Identify and explain the two main methods of valuing non-current assets, note how they are applicable under IFRS and US GAAP.

b)Explain how the impairment of tangible assets held for use, is accounted for under IFRS compared to the US GAAP.

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