• Register
Search Questions / Answers

Welcome to AccountantAnswer Forum, where you can ask questions and receive answers. Although you need not be a member to ask questions or provide answers, we invite you to register an account and be a member of our community for mutual help. You can register with your email or with facebook login in few seconds

Get AccountantAnswer App


How do we recognize a reversal of impairment of an asset? What are the accounting entries that need to be passed as per IFRS 36?
in IAS 36 - Impairment of Assets by Level 1 Member (1.1k points)
recategorized by

1 Answer

0 votes
Just reverse the entries you posted when you impaired the asset.

DR-impairment provision
CR-income statement (other income etc.)
by Level 2 Member (4.3k points)