Learning outcomes

What will you learn?

The scope and key definitions under IAS 20, including government assistance and government grants.

How to recognize, measure, and present grants related to assets and income.

The treatment of forgivable loans and below-market interest rate loans.

The capital and income approaches in accounting for government grants.

Disclosure requirements to ensure transparency in financial reporting.

Practical examples illustrating the recognition, presentation, and repayment of grants.

Course content

Participants

Who is this course designed for?

Accountants and finance professionals working with government funding or subsidies.

Auditors analyzing financial statements that include government assistance.

CFOs and financial controllers managing grant-related reporting in organizations.

Consultants and advisors guiding clients on the application of IFRS standards.

Pre-requisites

Necessary Qualifications

Background in accounting, finance, or business administration.

Basic understanding of IFRS and financial reporting principles.

Experience with financial statements or auditing is recommended.

Familiarity with national accounting standards is useful but not required.

Course Content

What will you study?

Scope and definitions of IAS 20

Recognition and measurement of government grants

Capital vs. income approaches

Grants related to assets and income

Forgivable loans and below-market interest loans

Presentation in financial statements

Repayment of government grants

Disclosure of government assistance