Scope exclusions

Learning objectives

• Distinguish the forms of assistance excluded from the scope (tax benefits, government participation in ownership, grants covered by IAS 41) from grants within IAS 20.L1, L2, L3

Normative references

• IAS 20 §2Scope exclusions: the effects of changing prices, tax benefits (on the tax base or the tax liability), government participation in the ownership of the entity, and grants covered by IAS 41.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

1 question

• Which of these items are outside the scope of IAS 20? (More than one answer possible.)L2