Section 3805 - Investment tax credits

Effective date:

January 1, 2011

Published by the AcSB:

December 2009


This Section establishes standards in respect of recognition of investment tax credits. Investment tax credits are a type of government assistance related to specific qualifying expenditures prescribed by tax legislation. The standard requires that investment tax credits are accounted for using a "cost reduction" approach where they are recognized in income on the same basis as the related expenditures are charged to income.

History of Section 3805




December 2009

Part II of the CPA Canada Handbook issued

Effective for fiscal years beginning on or after January 1, 2011.

Note: The above summary does not include details of consequential amendments made as the result of other projects.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.