IAS 36, Recoverable Amount.

This topic has 3 replies, 2 voices, and was last updated 4 years ago by Kim Smith.

Viewing 4 posts - 1 through 4 (of 4 total)

Author

Posts
September 1, 2021 at 4:00 pm #633811
akka17bakka
Participant
- Topics: 105
- Replies: 98
Hello Tutor,

Change in Recoverable Amount is a change in estimate. Is this statement correct?

Thank you.
September 1, 2021 at 5:58 pm #633824
Kim Smith
Keymaster
- Topics: 138
- Replies: 8475
Yes – which is why an impairment loss can be written back under IFRS.
September 1, 2021 at 8:38 pm #633877
akka17bakka
Participant
- Topics: 105
- Replies: 98
Thank you so very much.
September 2, 2021 at 8:03 am #633929
Kim Smith
Keymaster
- Topics: 138
- Replies: 8475
You’re welcome!
Author

Posts

Viewing 4 posts - 1 through 4 (of 4 total)

The topic ‘IAS 36, Recoverable Amount.’ is closed to new replies.