Financial reporting specialist and lecturer Adam Deller explains the basic principles of IAS 20, Accounting for Government Grants and Disclosure of Government Assistance, in this short video  

This is the latest in a series setting out the fundamentals of some of the trickier financial reporting concepts. Other topics covered in this series are: 

IAS 8, Accounting policies, Estimates and Errors

IAS 10, Events after the Reporting Period

IAS 19, Pensions

IAS 36, Impairment of Assets

IAS 37, Provisions, Contingent Liabilities and Contingent Assets

IAS 40, Investment Property,

IFRS 5, Non-current Assets Held for Sale and Discontinued Operations

IFRS 8, Segmental reporting

IAS 38, Intangible Assets

IFRS 2, Share-based payment

IFRS 16, Leases

Find more on AB’s YouTube channel.

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