NOTE 3. SIGNIFICANT ACCOUNTING POLICIES: Impairment of Long Lived Assets (Policies) |
3 Months Ended |
|---|---|
Mar. 31, 2018 | |
| Policies | |
| Impairment of Long Lived Assets | Impairment of Long Lived Assets
The Company assesses whether certain relevant factors limit the period over which acquired assets are expected to contribute directly or indirectly to future cash flows for amortization purposes. Under certain conditions the Company may assess the recoverability of the unamortized balance of its long-lived assets based on undiscounted expected future cash flows. Should the review indicate that the carrying value is not fully recoverable; the excess of the carrying value over the fair value of any intangible asset is recognized as an impairment loss. |