[PDF] Interprétation IFRIC 12 Accords de concession de services

What is IFRIC 12 service concession arrangements?

IFRIC 12 Service concession arrangements pocket practical guide IFRIC 12 Service Concession Arrangements is an Interpretation issued by the IFRS Interpretations Committee (formerly IFRIC) that may have a very signifi cant impact on the fi nancial reporting of any company that enters into a concession arrangement with government.

What is IFRIC 12?

IFRIC Interpretation 12 Service Concession Arrangements (IFRIC 12) is set out in paragraphs 1–30 and Appendices A and B. IFRIC 12 is accompanied by information notes, illustrative examples and a Basis for Conclusions. The scope and authority of Interpretations are set out in the Preface to IFRS Standards.

How do IFRIC 12 and IPSAS 32 determine if a grantor controlled an asset?

The criteria in IFRIC 12 Service Concession Arrangements for determining whether the operator controlled the asset used in a service concession arrangement are also used in IPSAS 32 to assess whether the grantor controlled the asset.

What is sic-29 and IFRIC 12?

The title of SIC-29, formerly Disclosure—Service Concession Arrangements, was amended by IFRIC 12. paid for its services over the period of the arrangement. The arrangement is governed by a contract that sets out performance standards, mechanisms for adjusting prices, and arrangements for arbitrating disputes.