According to a FASB news release, many businesses currently apply International Accounting Standard (IAS) 20, Accounting for Government Grants and Disclosure of Government Assistance, in the absence ...

UKEB data reveals that intangibles represent 3% of items on UK balance sheets and that carrying value was £351bn ($441.95bn) ...

The proposal aims to address the current lack of guidance under US GAAP for recognising, measuring, and presenting grants.