ias 16 and 36Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › ias 16 and 36This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts November 18, 2015 at 6:46 am #283447 mubambe2ParticipantTopics: 2Replies: 0☆what is the difference between revalution of assets and asset impairment? November 18, 2015 at 6:48 am #283449 MikeLittleKeymasterTopics: 27Replies: 23137☆☆☆☆☆An impairment always leads to a reduction of an asset.As a result of a revaluation, the value of an asset may be increased or it may need to be reduced (impaired)All elephants are animals but not all animals are elephants!All impairments are the result of a revaluation, but not all revaluations result in an impairmentAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In