Impairment Assessment
The second step in the process is to compute the overall impairment. This is done using a computation rule in LLFP. Overall impairment is calculated as the difference between the Amortized Cost and Fair Value.
The second step in the process is to compute the overall impairment. This is done using a computation rule in LLFP. Overall impairment is calculated as the difference between the Amortized Cost and Fair Value.