|
Post by account_disabled on Dec 25, 2023 15:23:34 GMT 5.5
Next Use the Income Method This method involves including the subsidy in income for one or more periods. Of course the appropriate approach to addressing pandemic-related government assistance to entrepreneurs is the revenue approach. Indeed, the most important thing when using it is to understand the subsidies in different periods reasonably and systematically. First it ensures proportionality. To corresponding costs. According to the income subsidy, it is recognized in the accounting books as an increase in other income or a decrease in related costs. Undoubtedly, no detailed accounting solution has Country Email List been provided for state aid, which includes the granting of subsidies that may be partially repaid. However, out of prudence, it appears that the following solutions proposed. By the Treasury will also apply to financial statements under. Examples of aid activitiesTherefore it should be reflected in the commitment. Due to the incidental nature of subsidies with potentially significant value, the Ministry of Finance proposes to expand the information scope of the balance sheet and present subsidy liabilities as another detailed item in accordance with Article 50, paragraph 1, of the Law.
|
|