Description
Addresses requirements of IAS 20, Accounting for Government Grants and Disclosure of Government Assistance.
Designed For
- Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
- Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS
Objectives
- Identify an example of a government grant.
- Recall how to account for government grants and other assistance relating to revenue or assets.