• Performance conditions

  • Does the grant require you to deliver specific outputs, outcomes or milestones in order to retain the funding?*
  • At your accounting date, to what extent have these conditions been met?*
  • Cost-based grants

  • Does the grant specify costs that it is intended to reimburse or fund? For example a grant that reimburses specific project costs, salaries, or budgeted expenditure.
  • Do any of those costs relate to capital expenditure (e.g. equipment, assets)?
  • At your accounting date, have the relevant revenue costs been incurred?
  • Immediate support vs time basis

  • Is the grant simply providing immediate financial support, with no expectation that it relates to activities carried out over a specific period?
  • Key facts about the grant

  • Date of grant agreement or date of payment (whichever is earlier)
     - -
  •  
  • Should be Empty: