header bg

Scan QR code or get instant email to install app


Harding Corp. has a permanently impaired asset. The difference between its carrying value and the present value of its expected cash flows should be written down immediately and:

A reported as an operating loss.

Impairment write downs are reported losses “above the line” and are included in income from continuing operations.

Related Information


Leave a Reply

Your email address will not be published. Required fields are marked *