Chapter 7 Impairment of assets, example 1

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February 16, 2021 at 11:14 am #610613
Biquette
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Hi there,

On the video (IAS 36 Impairment of Assets – CIMA F1 Financial Reporting), the answers for example 1 are different from the answers on the F1 notes.

Would it be possible to have some clarifications please?

Many thanks,
Emilie
February 22, 2021 at 8:58 pm #611364
P2-D2
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Hi Emilie,

Great spot! Not something that I’d noticed previously. Thank you for pointing it out. I can confirm that the answer in the video is correct, the impairment should be the 1,000.

Thanks

Chris
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