IFRS: Government Grants (IAS 20)

Overview

This course is part of the IFRS Certificate Program - a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.

This self-study course addresses requirements of IAS 20, Accounting for Government Grants and Disclosure of Government Assistance, including the following:

• Definition and examples of government grants
• Conditions for obtaining government grants
• The scope of IAS 20
• Recognition, measurement, and presentation requirements

This course includes interactive learning elements, video content, and real-life application through case studies.

Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program. Find out more.

Prerequisites

Familiarity with financial reporting and accounting principles under IFRS

Designed For

Who Will Benefit

• 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

Learning Outcomes

• Identify an example of a government grant.
• Recall how to account for government grants and other assistance relating to revenue or assets.