CTHRepealedLegislation
AASB 120 - Accounting for Government Grants and Disclosure of Government Assistance - July 2004
DisclosureDisclosure
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Disclosure
39 The following matters shall be disclosed:
(a) the accounting policy adopted for government grants, including the methods of presentation adopted in the financial statements;
(b) the nature and extent of government grants recognised in the financial statements and an indication of other forms of government assistance from which the entity has directly benefited; and
(c) unfulfilled conditions and other contingencies attaching to government assistance that has been recognised.