Proper accounting for grants, state aid and exchange
rate differences in the financial statements carries significant
risks. Accountants, tax advisors and auditors are paying
close attention to it at this time. New interpretations of I-42 and
I-43 on the topic of exchange rate differences for receivables and
advances in foreign currency issued by the National Accounting
Council have aroused some controversy in professional circles.
State support provided to entrepreneurs in 2020 is relatively
broad. Probably the largest group of state aid is direct operating
subsidies, which can include, for example, the Antivirus program or
compensatory subsidy titles such as COVID-Rent or COVID-Culture.
All these programs (with the exception of the Antivirus C program,
which I will mention in the following paragraph) ultimately
represent the revenue and income of the recipient of the subsidy.
It is characteristic of these subsidy titles that the subsidized
cost must first be paid by
