JUMOQ Learning · Revenue & Government Grants

Applying Ind AS 20 - Forgivable and Below-market Government Loans

Separate financial-liability accounting from the government grant benefit for forgivable and below-market loans.

INDAS20-I02Intermediate

Course director: Venkata Subramani Ramachandra

3 hr 19 minFull study estimate

Full study estimate: 3 hr 19 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

Select a topic to see its lessons, videos, practice activities and resources.

Course orientation

VideoFrom Standard Requirements to an Applied Accounting Workflow
VideoInd AS 20 Architecture and Learning Path

Forgivable Loans and the Recognition Gateway

LessonForgivable Loans and the Recognition Gateway
VideoForgivable Loans and the Recognition Gateway - Visual Explainer
QuizKnowledge Check - Forgivable Loans and the Recognition Gateway
Decision MissionDecision Mission - choose and justify the accounting pathway

Below-market Government Loans and Ind AS 109

LessonBelow-market Government Loans and Ind AS 109
QuizKnowledge Check - Below-market Government Loans and Ind AS 109
Case QuestCase Quest - investigate evidence and reach a conclusion

Fair Value and Grant Benefit Measurement

LessonFair Value and Grant Benefit Measurement
QuizKnowledge Check - Fair Value and Grant Benefit Measurement
Impact SimulatorImpact Simulator - test assumptions and consequences

Purpose-based Recognition of the Loan Benefit

LessonPurpose-based Recognition of the Loan Benefit
QuizKnowledge Check - Purpose-based Recognition of the Loan Benefit
Practice LabPractice Lab - complete the applied accounting workflow

Subsequent Effective Interest and Condition Monitoring

LessonSubsequent Effective Interest and Condition Monitoring
QuizKnowledge Check - Subsequent Effective Interest and Condition Monitoring

Documentation, Tax and Disclosure for Concessional Loans

LessonDocumentation, Tax and Disclosure for Concessional Loans
VideoDocumentation, Tax and Disclosure for Concessional Loans - Visual Explainer
QuizKnowledge Check - Documentation, Tax and Disclosure for Concessional Loans
AssignmentBelow-market Government Loan Valuation and Grant Benefit Memorandum
Downloadable resourceApplying Ind AS 20 - Forgivable and Below-market Government Loans - Controlled Data and Calculation Pack
Downloadable resourceInd AS 20 Decision and Recognition Map
Downloadable resourceAdvanced Repayment, Disclosure and Control Checklist

Final Assessment

QuizApplying Ind AS 20 - Forgivable and Below-market Government Loans - Final Assessment

Certificate

CertificateCertificate of completionUnlocks after every quiz is completed at its required pass mark and all course requirements are complete.

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