If a government lends money to financial institutions at rates below prevailing market rates. How to account for the benefit received by these financial institutions?
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government loans to banks at subsidised rates
4y ago#1Hi,
You wouldn't see this scenario in the exam, so I'd not worry about it. I think that you'd find it isn't anywhere near as complicated as you would think. Look up IAS 20 and you should find your answer.
Thanks
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