Can I read IFRIC 12: Service Concession Arrangements on EtoBox?

IFRIC 12: Service Concession Arrangements by Topy Dajay is a document available to read on EtoBox.

What is IFRIC 12: Service Concession Arrangements about?

This document provides guidance on accounting for service concession arrangements, where a private sector operator provides public services such as infrastructure on behalf of a public sector entity. Key points: - The operator does not recognise the infrastructure as its property, plant, and equipment as it does not control the assets. - The operator accounts for consideration received as either a financial asset or an intangible asset, depending on the terms of the arrangement. - For construction serv

Author

Topy Dajay

Language

EN