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Impairment of Financial Assets IAS39

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Impairment of Financial Assets IAS39

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by AvatarMikeLittle.
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  • August 15, 2015 at 10:25 am #267270
    AvatarAnirudh
    Participant
    • Topics: 27
    • Replies: 16
    • ☆

    Hi Dear Mike,

    Does IAS 39 still apply in regards to the Impairment of Financial Assets?

    And which one of this we suppose to know?

    The Incurred Loss Approach or,

    The Credit Loss Approach

    Thanks

    August 15, 2015 at 8:00 pm #267336
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Try this link to a current issues article by Tom Clendon. I believe that this will answer your question thoroughly!

    http://www.accaglobal.com/zm/en/student/exam-support-resources/professional-exams-study-resources/p2/technical-articles/impairment-of-financial-assets.html

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