How to account for government assistance 

A decision-making framework

8/24/2020
How to account for government assistance

Use this four-step decision-making process to walk through the key considerations for accounting for government assistance. The framework considers how best to apply explicit or industry guidance, exchange transactions, existing accounting policy, and other possible accounting models when accounting for various forms of government assistance. 

If you  need technical accounting work or audit support, we can help you with any accounting guidance on PPP loans and other government grants and loans. 

Contact us

Sean Prince
Sean Prince
Managing Director
Julie Ward
Julie Ward
Managing Director