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Accounting Definitions What is an impairment loss?

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Accounting Definitions What is an impairment loss?

Posted: Sat Jun 13, 2009 11:31 am
by Alex
What is an impairment loss?

Re: Accounting Definitions What is an impairment loss?

Posted: Fri Jul 03, 2009 9:53 pm
by Creinin
If recoverable amount of non current asset is below the currying amount the difference would be recognised as impairment loss.
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