IMPAIRMENT OF LONG LIVED ASSETS	3 Months Ended
Nov. 30, 2011
IMPAIRMENT OF LONG LIVED ASSETS
IMPAIRMENT OF LONG LIVED ASSETS	NOTE 5 – IMPAIRMENT OF LONG LIVED ASSETS The Company periodically reviews its long-lived assets when applicable to determine if any events or changes in circumstances have transpired which indicate that the carrying value of its assets may not be recoverable, pursuant to guidance established in ASC “Property, Plant, and Equipment". The Company determines impairment by comparing the discounted future cash flows estimated to be generated by its assets to their respective carrying amounts. If impairment is deemed to exist, the assets will be written down to fair value.

IMPAIRMENT OF LONG LIVED ASSETS

3 Months Ended

Nov. 30, 2011

NOTE 5 – IMPAIRMENT OF LONG LIVED ASSETS

The Company periodically reviews its long-lived assets when applicable to determine if any events or changes in circumstances have transpired which indicate that the carrying value of its assets may not be recoverable, pursuant to guidance established in ASC “Property, Plant, and Equipment". The Company determines impairment by comparing the discounted future cash flows estimated to be generated by its assets to their respective carrying amounts. If impairment is deemed to exist, the assets will be written down to fair value.

Willow Creek Enterprises Inc. 10-Q