Information in relation to the amount of impairment losses and reversal of impairment losses for operating segments is required under Accounting Standard AASB 136 Impairment of Assets.

Question

Quizplus · Accepted Answer

AASB 136 requires disclosure of impairment losses and reversal of impairment losses for each operating segment separately. This information helps users to assess the financial performance and financial position of each segment.

Information in Relation to the Amount of Impairment Losses and Reversal