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IFRIC 12 Service Concession Arrangements

  • Maura Campra
  • Gianluca Oricchio
  • Eugenio Mario Braja
  • Paolo Esposito
Chapter
  • 121 Downloads

Abstract

IFRIC Interpretation 12 provides guidance on the accounting methods to be adopted by operators of infrastructure to deliver public services, or services operated as a concession. In Italy, these arrangements are referred to as public service concession agreements, which is the procedure through which the authority, or the administration (the grantor) entrusts an individual or an organization (the operator) with the task of setting up and managing a public service under its control. At the end of the service concession period any works constructed by the operator become the property of the grantor.

Keywords

Financial Asset Intangible Asset Contractual Obligation Accounting Treatment Financial Charge 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Maura Campra, Gianluca Oricchio, Eugenio Mario Braja and Paolo Esposito 2014

Authors and Affiliations

  • Maura Campra
    • 1
  • Gianluca Oricchio
    • 2
  • Eugenio Mario Braja
    • 1
  • Paolo Esposito
    • 1
  1. 1.University of Eastern PiedmontItaly
  2. 2.Bio-Medico UniversityItaly

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