Episode 72: Government grants and coronavirus (COVID-19)

IFRS Talks - PwC's Global IFRS podcast - A podcast by PwC

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Coronavirus (COVID-19) is having a significant impact on financial reporting. Gary Berchowitz (PwC UK) and Ruth Preedy (PwC UK) discuss some of the different government schemes aimed to support people and businesses. Are they all in the scope of IAS 20, Government Grants and if so how do you account for them?