21 paragraphs found in INT 110
• AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors • AASB 120 Accounting for Government Grants and Disclosure of Government …
In some countries government assistance to entities may be aimed at encouragement or long-term support of business activities either in certain regions or industry sectors. Conditions to receive such assistance may not be specifically related to the …
The issue is whether such government assistance is a ‘government grant’ within the scope of AASB 120 and, therefore, should be accounted for in accordance with this …
Government assistance to entities meets the definition of government grants in AASB 120 , even if there are no conditions specifically relating to the operating activities of the entity other than the requirement to operate in certain regions or industry …
When applied or operative, this Interpretation supersedes Interpretation 110 Government Assistance—No Specific Relation to Operating Activities issued in …
This Interpretation applies to annual periods beginning on or after 1 January 2016. Earlier application is permitted for periods beginning on or after 1 January 2014 but before 1 January …
IAS 20.03 defines government grants as assistance by the government in the form of transfers of resources to an entity in return for past or future compliance with certain conditions relating to the operating activities of the entity. The general …