Accounting Standards Lectures | IAS 20 Government Grant | ICAG | ACCA | CFA

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[@rotimifred1296]

Good to be here guys.

[@samuelquayson189]

Thanks much... How do we illustrate this same question using reduced balance method

[@NhyiraPremium]

In that case, annual depreciation is computed on the Carrying Value of the asset. Hence you apply that. However, the grant is still accounted using the useful life of the asset.