Home › CA Final › financialreporting › Ind AS 36 — Impairment Loss Recognition, CGU Identification, Goodwill Allocation to CGUs, Disposal within CGU › Under Ind AS 36, an impairment loss is recognised:
Under Ind AS 36, an impairment loss is recognised:
AImmediately in P&L, unless the asset is carried at a REVALUED amount (in which case impairment first absorbs the revaluation surplus for that asset via OCI, then any excess goes to P&L)
BDirectly in retained earnings
CAs a separate component of equity
DIn OCI for all assets
Answer & Solution
Correct answer: A. Immediately in P&L, unless the asset is carried at a REVALUED amount (in which case impairment first absorbs the revaluation surplus for that asset via OCI, then any excess goes to P&L)
Cost-model assets: impairment to P&L directly. Revaluation-model assets: treated as revaluation decrease — absorbs revaluation surplus first (OCI), then excess to P&L (mirrors Ind AS 16 / 38 revaluation mechanics).
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