IAS 20 - ACCOUNTING FOR GOVERNMENT GRANTS AND THE DISCLOSURE OF GOVERNMENT ASSISTANCE

This video explains the treatment for Government Grants and Assistance as specified by IAS 20

Пікірлер: 76

  • @FOGAccountancyTutorials
    @FOGAccountancyTutorials2 жыл бұрын

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  • @johncollins5120

    @johncollins5120

    2 жыл бұрын

    The tutorial was excellent mr... sorry i am finding difficulties with IFRS 15 understanding it please can you share some videos of it ...I will be grateful mr

  • @danswordworhip1544

    @danswordworhip1544

    8 ай бұрын

    😊q0😊⁰00q😊+1q!0⁰0

  • @etambuyu5322

    @etambuyu5322

    3 ай бұрын

    Hi, thank you for the lesson. However, I can't find the next video on government grants that you mentioned at the end of this video

  • @Askpastorfranklindek
    @Askpastorfranklindek3 жыл бұрын

    You are my best online teacher so far... I passed my papers just because I saw you videos... I salute you Sir

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    3 жыл бұрын

    I'm glad you are helped. Thanks for the feedback

  • @user-pf3hz3hp7b
    @user-pf3hz3hp7b11 ай бұрын

    Sir, your indeed a teacher by birth. Pliz make more class recordings especially for missing topics. Your incredible and hard to listen to others after yours

  • @ericwandera174
    @ericwandera1742 жыл бұрын

    You are my favourite online lecturer! Kindly do IAS 2 and many more

  • @mikelaure7552
    @mikelaure75524 жыл бұрын

    You are really making financial accounting very simple and interesting. Thank you

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    4 жыл бұрын

    Thanks for the feedback

  • @umunyabyinshiwokwakanene1813
    @umunyabyinshiwokwakanene18132 жыл бұрын

    Thank you guy! you are making financial accounting easier! keep it up. from Rwanda

  • @lungowemubukwanu1801
    @lungowemubukwanu18012 жыл бұрын

    You're the best indeed. Am grateful for coming across your videos, am really understanding the concepts. God bless from Zambia.

  • @vicentbosta4320
    @vicentbosta43203 жыл бұрын

    You really make it to be simple! Thank you very much

  • @dusabimanaclemence557
    @dusabimanaclemence5572 жыл бұрын

    thank you ,explaining well this IAS 20.WITH WELL UNDERSTANGING EXAMPLES.

  • @alennyimbi9058
    @alennyimbi9058 Жыл бұрын

    You're teaching with talent and effort.... Thank u sir

  • @user-os2cf7bd8i
    @user-os2cf7bd8i7 ай бұрын

    Please double-check your balance sheet treatment for the second method. In year 1 the deferred grant revenue is split between current and non-current liabilities. The portion that will be taken care of within the next reporting period (600 ghc) should be part of current liabilities and the remaining 600gHc treated as non-current liabilities.

  • @ekegoodwill5130
    @ekegoodwill51302 жыл бұрын

    Your videos are very useful Thanks to you i got an A in Financial accounting

  • @faithonyejuruwa5137
    @faithonyejuruwa513711 ай бұрын

    God bless you Sir, you are the best

  • @tamakloechris5261
    @tamakloechris5261 Жыл бұрын

    I always enjoy the mode of lecturing

  • @finchub
    @finchub2 жыл бұрын

    Thank You Sir... I understood everything perfectly

  • @josephmanu5664
    @josephmanu56642 жыл бұрын

    my understanding has enlightened now......thanks

  • @wondimagengetachew2509
    @wondimagengetachew2509 Жыл бұрын

    Good bless you !! Keep it Up !!

  • @bodwin984
    @bodwin9842 жыл бұрын

    May God bless your Life abuntantly

  • @asaphmvula6115
    @asaphmvula61152 жыл бұрын

    You are the best sir, always on pint. Thanks, from Zambia.

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    2 жыл бұрын

    Welcome

  • @nkinziruth2582
    @nkinziruth25822 жыл бұрын

    Hello.... Thanks so much for the teaching. I need to ask do you have any tutorials on financial reporting or financial management!?

  • @naayemoley6496
    @naayemoley64962 жыл бұрын

    God bless you sir🙏❣️

  • @wajidfarid4798
    @wajidfarid47982 жыл бұрын

    Thank u Sir. You helped me a lot by solving these questions. ❤️

  • @wajidfarid4798

    @wajidfarid4798

    2 жыл бұрын

    Thanks from Pakistan 🇵🇰

  • @michaeloppongnyarko1387
    @michaeloppongnyarko1387 Жыл бұрын

    Thanks so much my brother.

  • @denisehopkins4885
    @denisehopkins48852 жыл бұрын

    Thank you so much for this very simple

  • @francisbuabeng7500
    @francisbuabeng75002 жыл бұрын

    thank you sir, how do you show the Balance sheet for the first method

  • @danieltettehdonkor4547
    @danieltettehdonkor45474 жыл бұрын

    Keep it up Bro. I will come for tuition soon.

  • @pablookyem4825
    @pablookyem48252 жыл бұрын

    How do you do this?? Mann!! Your teaching skills is top top notch. You need to be studied 🙇🏾‍♀️

  • @davidkwameowisuansah5419
    @davidkwameowisuansah54198 ай бұрын

    You’re helping me now ❤ too clever😊😊😊

  • @regularbloke7410
    @regularbloke74102 жыл бұрын

    dear sir, why we have to put portions of deferred income to profit and loss ? can you again explain the reason for it ?

  • @zidanestarr
    @zidanestarr3 жыл бұрын

    What if a company has received land with an obligation to build a building how do you initially recognize? Dr. Grant land Cr. Deferred income? Let's say 2 years later the building is erected and the life of the building is 10 yrs. Do you now amortize the deferred income over the course of the 10 yrs? If so how do I treat the deferred income in the 2 years prior to the erection of the building?

  • @sweettea4464
    @sweettea44643 жыл бұрын

    Best video out there very easy to understand 👏

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    3 жыл бұрын

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  • @hadiqaahsan4577
    @hadiqaahsan45772 жыл бұрын

    VERY WELL EXPLAINED !!!

  • @lumkelydianne3652
    @lumkelydianne36525 ай бұрын

    Thank you so much for this SIR. I always enjoy your teaching method. Very understanding just a lil question please. i wish to know why you didn't amortize the grant in the second option/method of grant related to asset?

  • @PRECIOUSUCHECHUKWU-kd8ki
    @PRECIOUSUCHECHUKWU-kd8kiАй бұрын

    Plz sir why is the amount for that of grant been used to depreciate??

  • @user-sn2ml6ut1s
    @user-sn2ml6ut1s4 ай бұрын

    THANK YOU. PLEASE WE ARE WAITING FOR THE CONTINUATION ON IAS 20

  • @nwantiedwine4998
    @nwantiedwine499825 күн бұрын

    Hello sir I realized you haven't given a lecture on IFRS 15. (Construction contact and customers)Can you kindly do it?

  • @K.Abusua
    @K.Abusua5 ай бұрын

    Please can u do a video for IFRS 13

  • @3kow-Jnr
    @3kow-Jnr3 жыл бұрын

    Please the next video on the questions

  • @richmondatror2019
    @richmondatror20194 жыл бұрын

    💥❤

  • @kingslymbah9251
    @kingslymbah92512 жыл бұрын

    Sir I want to appreciate your knowledge for sharing to us . Please my question is what about the Tax ( value added Tax)

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    2 жыл бұрын

    Please clarify your question... I don't understand

  • @jacksonoraph9475
    @jacksonoraph94753 жыл бұрын

    Great

  • @dareoyeboade3546
    @dareoyeboade3546 Жыл бұрын

    awesome

  • @eveh4699
    @eveh46992 жыл бұрын

    please do a video on lease

  • @gideonatichogbe7893
    @gideonatichogbe7893 Жыл бұрын

    SIR please treat the repayment of grants for both capital and revenue grant

  • @NchobilaEben
    @NchobilaEben3 ай бұрын

    perfect

  • @lungilejudiciousmncina1570
    @lungilejudiciousmncina1570 Жыл бұрын

    well explained

  • @agneslouis7517
    @agneslouis75172 жыл бұрын

    Please do a video on investment property 🙏 🥺

  • @belindamangwiro1104
    @belindamangwiro11042 жыл бұрын

    Wow

  • @godwinkasaizi9328
    @godwinkasaizi93282 жыл бұрын

    Thanks for your presentation but, a bout Liabilities I this could be correct if you treat Current Liability as 600, and NCL as 1200.

  • @kemen5551

    @kemen5551

    2 жыл бұрын

    Don't you think you are wrong?

  • @opoku-agyeman
    @opoku-agyeman2 жыл бұрын

    sir please where’s the part 2? my life depends on it

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    2 жыл бұрын

    It will be done soon

  • @danielk8288
    @danielk82883 жыл бұрын

    Am not seeing the next accounts for partnerships.

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    3 жыл бұрын

    It has been uploaded... Check it out again

  • @oladipoblessing1036
    @oladipoblessing1036 Жыл бұрын

    Thank you sir , please we need IAS 8 explanation on accounting polices , changes in accounting estimates & error . Thank you sir

  • @oladipoblessing1036

    @oladipoblessing1036

    Жыл бұрын

    I also just went through your PPE explanations. After the PPE schedule, I couldn’t find any practical examples aside the 2 introductory classes which explains PPE, cost and revaluation model amongst others . Your teaching is really impactful and please sir , I’m pleading to get a practical example on PPE , IAS 2 (especially those restrospective and prospective adjustments) & IAS8 also . God bless you greatly as you keep making accounting easier for us sir

  • @Samkwart
    @Samkwart5 ай бұрын

    Please IFRS 13

  • @juniormanuel430
    @juniormanuel430 Жыл бұрын

    i dont understand 😢

  • @julietsoku8090
    @julietsoku80903 жыл бұрын

    please where exactly is your tuition located please

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    3 жыл бұрын

    PRESEC STAFF BASIC SCHOOL, ATOMIC JUNCTION, ACCRA

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    @julietsoku8090

    3 жыл бұрын

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    @FOGAccountancyTutorials

    3 жыл бұрын

    Yes... Call 0547286266

  • @FOGAccountancyTutorials

    @FOGAccountancyTutorials

    3 жыл бұрын

    @@julietsoku8090 yes

  • @michaelakornor5354
    @michaelakornor53542 жыл бұрын

    Sir you are too much