IFRS: Government Grants (IAS 20)

Available Anytime
Location: Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
$39.00 Regular Price
Nonmembers
$49.00 Regular Price
Product Code: AI23-IFRSCERT-J
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Accounting

Overview:

This course is part of the IFRS Certificate Program - a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.

This self-study course addresses requirements of IAS 20, Accounting for Government Grants and Disclosure of Government Assistance, including the following:

  • Definition and examples of government grants
  • Conditions for obtaining government grants
  • The scope of IAS 20
  • Recognition, measurement, and presentation requirements

This course includes interactive learning elements, video content, and real-life application through case studies.

Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program. Find out more.

Objectives:

Learning Outcomes

  • Identify an example of a government grant.
  • Recall how to account for government grants and other assistance relating to revenue or assets.

Designed For:

Who Will Benefit

  • Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
  • Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS


Prerequisite:

Familiarity with financial reporting and accounting principles under IFRS