IFRIC 10 Interim Financial Reporting and Impairment
Published July 2006. Effective 1 November 2006.
Contents
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- Synopsis (including link to unaccompanied version of IFRIC 10)
- IFRSs referred to
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Synopsis
IFRIC 10 addresses a conflict between IAS 34 and other standards with regard to the recognition and reversal of impairment losses on goodwill and financial assets.
It concludes that:
- Impairment losses recognised in previous interim periods in respect of goodwill, equity instruments held at cost or financial assets held at cost may not be reversed.
- An entity shall not extend this consensus by analogy to other areas of conflict between IAS 34 and other standards
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| Annual period starts | Effective version of standard | Notes on amendments |
|---|---|---|
| On or after 1 January 2018 | IFRIC 10 2021 Required Standards | Includes amendment 1 |
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IFRSs Referred to by IFRIC 10
This page was last updated 21 January 2021.