Top tutor Arish Faisal explains everything you need to know about IAS20 Accounting for Government Grants in the latest PQ magazine.
See: https://issuu.com/pqpublishing/docs/pq_magazine_february_2026.
Faisal looks at both capital-related and revenue-related grants. But remember grants are recognised only when there’s reasonable assurance that the entity will comply with the conditions attached to the grant!
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