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IAS 20

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IAS 20

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • February 17, 2017 at 7:34 pm #372932
    fazeel93
    Member
    • Topics: 71
    • Replies: 49
    • ☆☆

    Hello sir what is the treatment when there are conditions attatched to a grant or a grant that is repayble

    February 17, 2017 at 8:29 pm #372939
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    We carry on as though the repayment isn’t likely (unless it IS) but show a contingent liability disclosure note to the financial statements

    OK?

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  • The topic ‘IAS 20’ is closed to new replies.

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