IAS 20 - Base para Conclusões sobre Contabilização de Subvenções Governamentais

IASB documents published to accompany IAS 20 Accounting for Government Grants and Disclosure of Government Assistance The text of the unaccompanied standard IAS 20 is contained in Part A of this edition Its effective date when issued was 1 January 1984 This part presents the following document BASIS FOR CONCLUSIONS IAS 20 IFRS Foundation C1925 Basis for Conclusions on IAS 20 Accounting for Government Grants and Disclosure of Government Assistance This Basis for Conclusions accompanies but is not part of IAS 20 This Basis for Conclusions summarises the International Accounting Standards Boards considerations in amending IAS 20 Accounting for Government Grants and Disclosure of Government Assistance as part of Improvements to IFRSs issued in May 2008 IAS 20 was developed by the International Accounting Standards Committee in 1983 and did not include a Basis for Conclusions This Basis refers to the insertion of paragraphs 10A and 43 and the deletion of paragraph 37 Those changes require government loans with belowmarket rates of interest to be recognised and measured in accordance with IAS 39 Financial Instruments Recognition and Measurement1 and the benefit of the reduced interest to be accounted for using IAS 20 Accounting for loans from government with a belowmarket rate of interest The Board identified an apparent inconsistency between the guidance in IAS 20 and IAS 392 It related to the accounting for loans with a belowmarket rate of interest received from a government IAS 20 stated that no interest should be imputed for such a loan whereas IAS 39 required all loans to be recognised at fair value thus requiring interest to be imputed to loans with a belowmarket rate of interest The Board decided to remove this inconsistency It believed that the imputation of interest provides more relevant information to a user of the financial statements Accordingly the Board amended IAS 20 to require that loans received from a government that have a belowmarket rate of interest should be recognised and measured in accordance with IAS 39 The benefit of the government loan is measured at the inception of the loan as the difference between the cash received and the amount at which the loan is initially recognised in the statement of financial position This benefit is accounted for in accordance with IAS 20 Noting that applying IAS 39 to loans retrospectively may require entities to measure the fair value of loans at a past date the Board decided that the amendment should be applied prospectively to new loans BC1 BC2 BC3 BC4 BC5 1 IFRS 9 Financial Instruments replaced IAS 39 IFRS 9 applies to all items that were previously within the scope of IAS 39 This paragraph refers to matters relevant when IAS 20 was amended in 2008 2 IFRS 9 Financial Instruments replaced IAS 39 IFRS 9 applies to all items that were previously within the scope of IAS 39 This paragraph refers to matters relevant when IAS 20 was amended in 2008 IAS 20 BC C1926 IFRS Foundation