Grants for operating in specific industry

Financial Reporting

Per ICAI module, the grants specified in Appendix A are to be credited on a systematic basis. But given that there are no conditions relating to operations, can we just recognise it fully upfront? Video Details ------------- Ind AS - CA Final Ind AS 20 Government Grants #17. Government Assistance & Disclosures

Vishnu Muraleedharan

CA Final

★ 32K+

22-Feb-26 19:14

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Answers (2)

Best Answer

It depends on terms and conditions of grant. Say if the terms require operations for 5 years then accordingly over 5 years we will recognise.

CA Suraj Lakhotia

Admin

23-Feb-26 15:29

CA Suraj Lakhotia Admin

It depends on terms and conditions of grant. Say if the terms require operations for 5 years then accordingly over 5 years we will recognise.

Understood, thank you

Thread Starter

Vishnu Muraleedharan

CA Final

★ 32K+

26-Feb-26 07:36