JUMOQ Learning · Revenue & Government Grants

Applying Ind AS 20 - Asset-related and Non-monetary Government Grants

Account for grants related to depreciable and non-depreciable assets, including deferred-income, net-asset and non-monetary-grant policies.

INDAS20-I01Intermediate

Course director: Venkata Subramani Ramachandra

3 hr 18 minFull study estimate

Full study estimate: 3 hr 18 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

Classifying Grants Related to Assets

LessonClassifying Grants Related to Assets
VideoClassifying Grants Related to Assets - Visual Explainer
QuizKnowledge Check - Classifying Grants Related to Assets
Decision MissionDecision Mission - choose and justify the accounting pathway

Deferred Income Method

LessonDeferred Income Method
QuizKnowledge Check - Deferred Income Method
Case QuestCase Quest - investigate evidence and reach a conclusion

Deduction from the Carrying Amount of the Asset

LessonDeduction from the Carrying Amount of the Asset
QuizKnowledge Check - Deduction from the Carrying Amount of the Asset
Impact SimulatorImpact Simulator - test assumptions and consequences

Depreciable and Non-depreciable Assets with Obligations

LessonDepreciable and Non-depreciable Assets with Obligations
QuizKnowledge Check - Depreciable and Non-depreciable Assets with Obligations
Practice LabPractice Lab - complete the applied accounting workflow

Non-monetary Grants at Fair Value or Nominal Amount

LessonNon-monetary Grants at Fair Value or Nominal Amount
QuizKnowledge Check - Non-monetary Grants at Fair Value or Nominal Amount

Asset Grant Journal, Cash Flow and Disclosure Pack

LessonAsset Grant Journal, Cash Flow and Disclosure Pack
VideoAsset Grant Journal, Cash Flow and Disclosure Pack - Visual Explainer
QuizKnowledge Check - Asset Grant Journal, Cash Flow and Disclosure Pack
AssignmentAsset Grant Accounting and Non-monetary Grant Memorandum
Downloadable resourceApplying Ind AS 20 - Asset-related and Non-monetary Government Grants - 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 - Asset-related and Non-monetary Government Grants - 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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