Access the interpretation
- 2023 Issued Standards – SIC 10
IFRIC and SIC Interpretations are available in the 2023 Issued Standards, which include all amendments issued up to and including 1 January 2023.
Registration is required to access the free version of the Issued Standards. This version does not include additional documents that accompany the full standards (such as illustrative examples, implementation guidance and basis for conclusions).
Summary
SIC 10 addresses whether government assistance such as transfers of resources to entities which operate in particular industries comes within the scope of IAS 20.
It concludes that this type of government assistance meets the definition of government grants in IAS 20, even if there are no conditions specifically relating to the operating activities of the entity other than the requirement to operate in certain regions or industry sectors.
Such grants shall therefore not be credited directly to equity, but dealt with according to IAS 20.
IFRS accounting standards referred to by SIC 10
Other resources
Further support
Corporate reporting resources
Practical resources including factsheets, online guides, webinars on financial and non-financial reporting.
Browse the collections
Technical Advisory Services
Our experienced advisors can help you with technical questions.
Get in touch
Library and Information Service
Expert help with research and access to trustworthy, professional sources.