Passion Info Sheet

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Frequently Asked Questions

• What is the history of passionflower?

  Passionflower is a climbing vine that is native to the southeastern United States and Central and South America. Native peoples of the Americas used Passionflower as a sedative. Sixteenth-century Spanish explorers in South America learned of Passionflower.

• What are the health benefits of passionflower?

  What Have We Learned? 1 A small amount of research suggests that Passionflower might help to reduce nonspecific anxiety and anxiety before a... 2 There is not enough evidence to say whether Passionflower is helpful for any other health conditions, including... More ...

• Where are passion spas based?

  In addition to this Dutch link, Passion Spas USA is based in Holland, MI, a city along Lake Michigan that celebrates its Dutch roots every year during a week-long Tulip Time Festival. The Therapy Wave Zone is just one example of Passion Spas' distinct appeal!

• What are the different uses of the purple passionflower?

  One of the uses of the purple Passionflower is ornamental in nature. This is because of their showy blooms and their climbing ability over fences, arbors, or up walls. Native American Indians used the poultice root for boils, cuts, earaches and inflammation. Dried leaves boiled with water also aids in insomnia.

• What is IAS 20 accounting for Gov­ern­ment grants?

  IAS 20 Accounting for Gov­ern­ment Grants and Dis­clo­sure of Gov­ern­ment As­sis­tance outlines how to account for gov­ern­ment grants and other as­sis­tance.

• How do I present a grant on my IAS form?

  A grant relating to assets may be presented in one of two ways: [IAS 20.24] by deducting the grant from the asset's carrying amount. A grant relating to income may be reported sep­a­rately as 'other income' or deducted from the related expense. [IAS 20.29] If a grant becomes repayable, it should be treated as a change in estimate.

• When is a grant a government grant recognised as income?

  A government grant is recognised only when there is reasonable assurance that (a) the entity will comply with any conditions attached to the grant and (b) the grant will be received. [IAS 20.7] The grant is recognised as income over the period necessary to match them with the related costs, for which they are intended to compensate, on a ...

• Are non-Mon­E­Tary grants accounted for at fair value?

  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 also permitted. [IAS 20.23]