“Accounting for Government Grants and Disclosure of Government Assistance” special
stipulations related to government grants, IASB was forced to create separated stipulations for their accounting, due to the fact that agricultural government grants are becoming more and more frequent. Offering unconditional grants is not corrected by any restrictive stipulation; they are conditioned when their offering depends on at least 3 requirements: for example, the government stipulates the land to be exploited for 3 years; if this condition is not fulfilled, the grant must be reimbursed. The unconditional government grants are recognized as revenue only when the grant becomes receivable. The conditional grants, such as those given for ceasing an agricultural activity will be registered as revenues when the conditions corrected with the grants are fulfilled, and chargeable revenue is registered for the grant donor.