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Ask the Tutor ACCA FR

Restructuring

KKrrish3y ago
What are the cases(if at all) can be impairment be included in restructuring provision?
P2-D2P2-D2Tutor3y ago#1
We wouldn't include an impairment as part of the restructuring provision. We would potentially impair the assets when there is a closure or reorganisation but the provision for restructuring only involves the direct costs of restructuring, such as termination payments to employees once the decision has been communicated. Thanks
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