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Impairment Loss

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Impairment Loss

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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  • February 21, 2015 at 1:51 pm #229498
    yantat
    Member
    • Topics: 14
    • Replies: 6
    • ☆

    Good Evening Sir/Madam,

    I would like to ask can I classify impairment loss of receivable to the administrative cost rather than the distribution cost in the comprehensive income statement? will the marker be very particular?

    February 21, 2015 at 7:25 pm #229545
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23359
    • ☆☆☆☆☆

    Well, the correct classification is distribution rather than administrative.

    Whether or not the marker is likely to be so particular I really cannot say, sorry, I honestly don’t know

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