Government Transfers - Deloitte

Government transfers - recipients
Situation
Transfer without eligibility criteria or
stipulations
Transfer with eligibility criteria but
without stipulations
With or without eligibility criteria but
with stipulations
Accounting requirements
Recognized as revenue when the
transfer is authorized
Recognize as revenue when
authorized and eligibility criteria
met
Recognize as revenue when
authorized and eligibility criteria met,
except when and to extent the
transfer gives rise to an obligation
that meets the definition of a liability
for the recipient in accordance with
liabilities (PS 3200)