Financial - JDE1 (MOSC)

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Fixed Assets Impairment on JDE

edited Aug 31, 2016 5:00AM in Financial - JDE1 (MOSC) 1 commentAnswered

I need advice regarding the impairment of fixed assets on JDE. I want to impair of an asset by keeping the original cost of the asset, decreasing the accumulated depreciation thus decreasing the carrying value of the asset by the impairment amount. What is the best way to do this whilst conforming to IAS36?

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