Global Standards for the world economy

Tuesday 18 December 2018

Banner graphic

IFRIC 12 Service Concession Arrangements—Accounting for service concession arrangements for which the infrastructure is leased


 Issues Rejected—Agenda Decision

IFRIC 12 Service Concession Arrangements—Service concession arrangements with leased infrastructure

The Interpretations Committee received a request to clarify how an operator accounts for a service concession arrangement in which the infrastructure is leased. In this arrangement, the operator is not required to provide any construction or upgrade services with respect to the infrastructure.

Project stages