IFRIC 12 Service concession arrangements – A pocket practical guide
28 February 2011
Deloitte's IFRS Global Office has published IFRIC 12 Service concession arrangements – A pocket practical guide.
The Guide is intended to serve as an illustrative tool for the reader in the application of IFRIC 12 Service Concession Arrangements, providing analysis of the requirements of IFRIC 12 and practical guidance with examples that address some of the more complex issues around service concession arrangements. The Guide provides guidance on scope, the determination of the accounting model, specific characteristics of concessions that are common (take-or-pay arrangements, capacity availability, etc.) and much more.