IAS 20Chapter 10Lesson 1
Disclosures on grants and assistance
Step 1 of 5Learning objectives
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Three sets of disclosures: the accounting and presentation policies, the nature and extent of the assistance, and the unfulfilled conditions and other contingencies.
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Learning objectives
- Identify the disclosures on the accounting and presentation policies.
- Prepare the disclosure on the nature and extent of grants and assistance.
- Identify the unfulfilled conditions and contingencies to disclose.