Insurance
Investment Impairment — Equity Security
Recording an impairment loss on an equity investment that has permanently declined in value.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Impairment Loss on Investments | Expense (+) | 15,000.00 | - |
| Investment Securities (Equity) | Asset (-) | - | 15,000.00 |
💡 Accountant's Note
Equity investments at FVTPL require fair value changes in P&L — losses flow automatically. For FVOCI equity instruments, impairment is not recycled to P&L but stays in OCI (IFRS 9 change from IAS 39).
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