impairment

Where an asset has been impaired and then, subsequently, the directors feel they were too hasty or too pessimistic, there is the opportunity to reverse the double entry that they put through to impair the asset Thus, on impairment Dr Statement of Income and Credit TNCA On reversal, Dr TNCA and Cr Statement of Income But not to a value greater than the asset would have been if it had not been impaired in the first place OK?