IAS 32/39 – need an example for this…

Hello again:

1. Within the definition of financial assets, it says:
“Those instruments which are to be exchanged under potentially favorable conditions”
Could you please give an example of this?
2. Is the reversal of impairment of financial assets within the syllabus? Because just a small paragraph is mentioned within the Kaplan textbook, with no numerical examples, and the paragraph is rather unclear as to the accounting treatment. If it is in the syllabus, could you possibly give a brief description as to how the reversal of impairment of financial assets is treated?

Thanks!

sk