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IFRIC 10 Interim Financial Reporting and Impairment

Published July 2006. Effective 1 November 2006.

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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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IFRSs Referred to by IFRIC 10

This page was last updated 4 February 2022.