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impairment loss

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › impairment loss

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  • March 17, 2020 at 1:47 pm #565346
    vishnutv
    Member
    • Topics: 34
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    • ☆☆

    what is impairment loss?

    March 19, 2020 at 9:22 am #565408
    P2-D2
    Keymaster
    • Topics: 4
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    • ☆☆☆☆☆

    It is the reduction in the value of an asset, that is usually taken through profit or loss.

    Thanks

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