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2016年美國CPA模擬試題：Financial（4）
A company reporting under IFRS holds a position in BE Corp. bonds that it classifies as available-for-sale. In the previous year, the company recorded an impairment loss related to the bonds. In the current year, the company reversed a portion of the impairment loss. How should the company account for the impairment loss reversal on its current year financial statements?
a. Recognize the increase as an adjustment to the previous year's income statement.
b. Book the reversal to the current year's other comprehensive income.
c. Book the increase as an adjustment to the previous year's other comprehensive income.
d. Recognize the reversal to the current year's income statement.
答案：D
Explanation
Choice "d" is correct. Under IFRS, reversals of impairment losses are allowed and the increase would be booked to the current year's income statement.
Choice "b" is incorrect. The increase for available-for-sale debt securities related to an impairment reversal will be report on the income statement and not in other comprehensive income.
Choice "a" is incorrect. The reversal should be reflected on the current year income statement.
Choice "c" is incorrect. The reversal would not be placed in either the current or previous year's other comprehensive income.
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