What would be the treatment for non monetary government grant? Which standard deal with this?

*      Non- monetary  grants , such as land or other resources are usually accounted for at fair value, although recording both the asset and the grant at a nominal amount is permitted.

*      IAS twenty Accounting for government grants and disclosure of government assistance deals with the accounting for government grants.

Dr              Cr                                          A/C

xx                                                   provision / accrued Exp. 

                  xx                                              Other Revenues