IAS 36 - Summary

[@noziphomnyandu4342]

Hi Richard,What amount is actually recognised in the I/S as the impairment loss?Is it the difference between CA and RA? or the lower of CA and RA?

[@TabaldiEducation]

Hi Nozipho. Remember we would be reducing the CA to the RA in the case of the impairment loss hence we will Credit the Asset and Debit the I/S with the difference such that the new CA will now be the RA. Trust this answers your question.

[@sakkibaba]

fantastic

[@giovanniaseb2208]

Where is the example...

[@szesze28]

nice

[@TabaldiEducation]

+Cherry Chan Thanks - good to know you benefited from watching this video. Good luck with your studies.
The Tabaldi Team

[@giovanniaseb2208]

Where is the example...