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CMA Final · Corporate Financial Reporting · Impairment of Assets (Ind AS 36)

Paragraphs 91-95 are retained as numbers in Ind AS 36. What is the position of these paragraphs?

Paragraphs 91-95 already appear as 'Deleted' in IAS 36, so Ind AS 36 keeps the paragraph numbers only to remain consistent with IAS 36's numbering. They do not contain Indian rules, Ind AS 113 changes or transitional provisions.

  1. AThey appear as 'Deleted' in IAS 36, and the numbers are retained for consistencyCorrect
  2. BThey contain Indian-specific impairment rules
  3. CThey were deleted due to Ind AS 113
  4. DThey deal with transitional provisions

Explanation

The appendix states that paragraphs 91-95 appear as 'Deleted' in IAS 36, and the numbering is retained in Ind AS 36 to stay consistent. They carry no Indian-specific rules. Ind AS 113 relates to paragraphs 25-27, and transitional paragraphs are 138-140K.

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