Under ASPE impairment losses are not allowed to be reversed, if the fair value goes back up. Under IFRS, if the recoverable amount has changed, the impairment loss can be reversed, through the P&L.
Under ASPE impairment losses are not allowed to be reversed, if the fair value goes back up. Under IFRS, if the recoverable amount has changed, the impairment loss can be reversed, through the P&L.