Purpose and scope of the standard

Learning objectives

• Explain the purpose of IAS 20: accounting for government grants and disclosure of government assistance.L1, L2

Normative references

• IAS 20 §1Scope: accounting for government grants and disclosure of government grants and other forms of government assistance.

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

1 question

• IAS 20 deals with the accounting for government grants and with the disclosure of grants and of other forms of government assistance.L1