The Reflection of the Governmental Subsidies According to IAS 20 in Accountancy
Abstract
The governmental subsidies refer to the assistance given to a
company by the government in exchange of respecting some conditions
regarding the operation activities. They can be: afferent to the assets,
incomes or unredeemable loans. The regulation of the subsidies by IAS 20
Standard contains the recognition norms of the subsidies, except the cases
of: price changes, periods of exemption from the profit tax, value reductions
regarding the accelerated depreciation or the governmental involvement in
the company’s leadership.
Collections
- 2009 fascicula1 nr1 [29]