Question: Wickum Corporation reports under IFRS and recognized a 500 000

Wickum Corporation reports under IFRS, and recognized a $500,000 other-than-temporary impairment of an HTM debt investment in Right Corporation. Subsequently, the fair value of Wickum's investment in Right increased by $300,000. How would Wickum account for that increase in fair value?


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  • CreatedJuly 02, 2013
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