023: How to match a government grant with costs for which the grant compensates?

Update: 2018-06-20

Description

How should you match the government grant with expenses for which it compensates? Sometimes, it's not very straightforward and we need to apply our judgement and experience. Learn how to account for the grant revenue here!

The post 023: How to match a government grant with costs for which the grant compensates? appeared first on CPDbox - Making IFRS Easy.

Comments

In Channel

How to prepare financial statements when going concern does NOT apply?

2021-04-2507:39

Can you capitalize demolition cost under IFRS?

2020-11-1909:49

How to deal with different useful lives of PPE within the group?

2020-11-0308:36

030: How to deal with capex threshold for property, plant and equipment?

2018-08-0808:57

026: Accounting for transfer of owner-occupied property under revaluation model to investment property

2018-07-1107:17