{
  "url": "https://openlegislation.uk/eu-regulation-2007-610/annex/division-IFRIC/division-2/division-1",
  "json_url": "https://openlegislation.uk/eu-regulation-2007-610/annex/division-IFRIC/division-2/division-1.json",
  "legislation": "eur/2007/610",
  "legislation_title": "Commission Regulation (EC) No 610/2007 of 1 June 2007 amending Regulation (EC) No 1725/2003 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 10 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2007-610",
  "path": "annex/division/IFRIC/division/2/division/1",
  "kind": "division",
  "number": "1",
  "heading": null,
  "text": "An entity is required to assess goodwill for impairment at every reporting date, to assess investments in equity instruments and in financial assets carried at cost for impairment at every balance sheet date and, if required, to recognise an impairment loss at that date in accordance with IAS 36 and IAS 39. However, at a subsequent reporting or balance sheet date, conditions may have so changed that the impairment loss would have been reduced or avoided had the impairment assessment been made only at that date. This Interpretation provides guidance on whether such impairment losses should ever be reversed.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2007/610/annex/division/IFRIC/division/2/division/1",
    "retrieved_at": "2026-11-01T14:52:55.410258+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}