[asifrah]

Hello
Thanks for your response.
In a past question named “Rockby” (ACCA June 2004) there was a “Disposal Group” with impairment.
The examiner’s answer included a line as follows…
“Unlike IAS 36, any impairment loss will be offset first against the non-current assets of the subsidiary.”
That’s why I thought the impairment would go against the NCA first, but I never verified my understanding… probably I am wrong…
..
And
Is my presentation in the above correct or it should have been like the following..
..
After the current asset
Disposal Group (1470+300)………. = $ 1770m
After the current liability
Disposal Group (700+200)………… = $ 900m

Thanks….

[Author]

Posts