Financial reporting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 December 2016
Rather than booking impairment in books can i show all the loss as loss on disposal in SPL?
19 December 2016
This would be an incorrect treatment. Impairment loss does not wait for sale to take place, but is charged on the basis of prudence.
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