CMA Study Group

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  • 1.  CONFUSED

    Posted 10-27-2020 02:22 AM
    actually, I confused when I looking into the discrepancies in the calculation of  Fair value and the impairment of debt securities 
    simply I understand those two-equations 
    Fair value = carrying amount - impairment losses 
    impairment losses = cost - fair value 
    cost means carrying amount 
    please more explanation.