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Impairment loss

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

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • January 25, 2018 at 2:12 pm #432955
    sush97
    Participant
    • Topics: 28
    • Replies: 9
    • ☆

    Sir, Once the impairment is done, should the rest of depriciation should be charged over Revoverable amount?

    January 25, 2018 at 4:53 pm #432975
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23359
    • ☆☆☆☆☆

    Yes – because after the impairment the amount remaining is the amount to be depreciated over the remaining (maybe the revised remaining) estimated useful life

    OK?

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  • The topic ‘Impairment loss’ is closed to new replies.

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