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DeSoto County
DeSoto County Tourism – your official source for DeSoto County Mississippi Hills and Mississippi Delta travel info, including DeSoto County hotels, attractions, and restaurants.
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Amortized Cost
According to IAS 39, for a floating rate instrument that is carried at amortized cost, the current effective interest rate should be used to discount the estimated cash flows. At each balance sheet date it is necessary to assess whether there is objective evidence that any financial asset not measured at fair value through profit or loss is impaired or uncollectible. If there is any objective evidence that such an asset is impaired, the amount of any impairment loss must be calculated.
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