If an intangible asset is allocated to an entity via a government grant,it can initially be recognised at fair value.

Name: If an intangible asset is allocated to an entity via a government grant,it can initially be recognised at fair value.
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According to International Accounting Standard (IAS) 20 - Accounting for Government Grants and Disclosure of Government Assistance, intangible assets obtained via a government grant can be initially recognised at fair value.

If an Intangible Asset Is Allocated to an Entity Via