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Impairment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Impairment

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  • August 31, 2018 at 2:07 pm #470521
    alikhakar
    Participant
    • Topics: 187
    • Replies: 79
    • ☆☆☆

    Does the impairment of assets gets added to its total accumulated depreciation ?

    September 1, 2018 at 7:54 pm #470710
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7187
    • ☆☆☆☆☆

    Hi,

    Yes, any impairment of PPE is usually credited to the accumulated depreciation account.

    Thanks

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