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Sunshine Hotel grp S/D’17 Kaplan kit- Impairment of NCAs

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Sunshine Hotel grp S/D’17 Kaplan kit- Impairment of NCAs

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Kim Smith.
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  • September 27, 2021 at 11:34 am #636587
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    ma’am facts such as political instability and regulatory issues would have been considered by the sunshine hotel group at the time of acquisition, and consequently the FV would have been inclusive of such factors.

    still somehow the answer States that there is an audit risk related to impairment of these properties bought, how is this even relevant?????

    September 27, 2021 at 12:19 pm #636595
    Kim Smith
    Keymaster
    • Topics: 100
    • Replies: 6786
    • ☆☆☆☆☆

    Because the political situation could be more unstable at the reporting date than it was when the land was acquired.

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