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Loan asset impairment

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Loan asset impairment

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by Avatarcardine.
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  • December 6, 2015 at 5:17 pm #288262
    Avatarweckl
    Member
    • Topics: 12
    • Replies: 18
    • ☆

    I have used June 2015 study text & revision kit from BPP while preparing to P2 exam.

    In those books there was a rule, that impairment was calculated by multiplying expected future cash flows by original effective rate.
    In the expected credit loss model, do we still disount expected future cash flows using original effective rate?

    December 7, 2015 at 10:13 pm #288807
    Avatarcardine
    Participant
    • Topics: 4
    • Replies: 135
    • ☆☆

    Please read the technical article(s) on ACCA site – student accountant laid it out for you!!

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