Hi hcs
Good question
Yes they have to write off even if reporting historically. They can’t show McPs as having a certain value as at 30 June (misleading) when they now know it to be untrue.
It’s called asset degradation and the write off just needs to be probable not 100% certain.
Hi hcsGood questionYes they have to write off even if reporting...
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Last
$4.78 |
Change
-0.090(1.85%) |
Mkt cap ! $3.611B | |||
| Open | High | Low | Value | Volume |
| $4.71 | $4.86 | $4.70 | $23.31M | 4.886M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 599 | $4.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.79 | 27951 | 1 |
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