WebUnder the financial asset model, borrowing costs incurred by the operator during the construction of infrastructure under service concession agreement will be treated as a. Capitalizable cost under PAS 23 c. Liability b. Expense d. Claims receivable; According to PFRIC 12, the infrastructure asset shall be recognized by the operator as a. Web20 Apr 2024 · An APA is defined under Statement 94 as an arrangement in which a government compensates an operator for services that may include designing, constructing, financing, maintaining, or operating an underlying infrastructure or other nonfinancial asset for an amount of time in an exchange or exchange-like transaction.
Service Concession Arrangement – Annual Reporting
Web3.2Following the Service Commencement date, the amount equal to the present value (with a discount rate of [l]%) of the accumulated net profit of the Project during the entire Concession Period when the internal rate of return on equity investment of the Concessionaire for the Project reaches [l]%. Webunder which a person grants to another person the right to use plant or machinery for a period, and which, in accordance with GAAP, falls (or would fall) to be treated as a lease. research paper with data analysis
Gov. Chapt 5 Flashcards Quizlet
Webif the operator is obliged to make payments to the lessor as part of the service concession arrangement, then the operator recognises a liability for this obligation when it is … WebService Concession Arrangements Introduction GASB 60 establishes accounting, reporting and disclosure guidance for both governmental transferors and governmental operators in service concession arrangements (SCAs). These arrangements are a type of public-private or public-public partnership. WebUnder View A on Sub-Issue 1 the fact pattern described represents a service concession , arrangement in the scope of IFRIC 12. As the operator does not have the right to control the use of the assets that are subject to the service concession arrangement, property, plant and equipment cannot be recognised [IFRIC 12.11]. research paper with hypothesis