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Impairement of trade receivables another name for provision for doubtful debt?

Is impairment of trade receivable a provision? How is impairment disclosed or presented in the financials?.

asked Aug 26, 2016 in IAS 36 - Impairment of Assets by Me

1 Answer

0 votes
Yes you could say so. But the method of arriving at the provision is different. You can't just make provision based on the the debtor age brackets like previously.
answered Aug 28, 2016 by Mysio Level 5 Member (21,360 points)