Impairment of Investments held in AFS

[ahsanalpha]

Kindly confirm the treatment of impairment of Bond held as AFS

Before Impairment (asset is a Bond)
Asset at Fair Value 90
Asset Face Value 100
Fair value deficit (in equity) 10

When impaired entry is made
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Impairment expense (In PnL) DR 10
Deficit on fair value (In equity) Cr 10
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While the asset is still at 90 and there is no Provisioning liability, if further provisioning is not required.

kindly confirm