Basic question on fixed assets depreciation + impairment

[whatisaccounting]

Lets say premises cost $100,000.
Straight line depreciation @ 2% = ($2,000/year)
Current accumulated depreciated is $16,000

Impairment loss $20,000.

my question is will impairment loss affect my depreciate amount next year?

 

[Counterofbeans]

Yes, it will most certainly affect your depreciation in the following year. Just take your net, adjusted carrying balance, divide by the remaining useful life, re-compute deprecation expense/month (or year) & call it a day