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AS 12 Accounting for Government Grants
15 Lessons -
Welcome to this Online Course on AS 12 Accounting for Government Grants
In this course you will learn :
1.Introduction to Accounting for Government Grants
2.What is Government Grant?
3.Accounting Treatment for Government Grant
4.Recognition of Government Grants
5.Presentation of Grants related to Specific Fixed Assets
6.Case Study on Accounting for Government Grant (by deducting from Fixed Asset)
7.Case Study on Government Grant (Treating as Deferred Income)
8.Case Study (Utilisation of Government Grant and Accounting for asset recevied fr
9.Presentation of Grants (Revenue & in nature of Promoter's Contribution)
10.Case Study (Accounting treatment for Grant received for Investment)
11.Refund of Government Grants
12.Disclosures in Financial Statements for Government Grants
13.Case Study (Accounting treatment for Refund of Grant credited to Fixed Asset)
14.Case Study (Accounting treatment for Refund of Grant credited to Fixed Asset)
15.Case Study (Accounting treatment Deferred Grant a/c and refund)