Chapter 7 Impairment of assets, example 1

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February 16, 2021 at 11:14 am #610613
Biquette
Member
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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
Keymaster
- Topics: 4
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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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