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.
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© 2014 Maura Campra, Gianluca Oricchio, Eugenio Mario Braja and Paolo Esposito
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Campra, M., Oricchio, G., Braja, E.M., Esposito, P. (2014). IFRIC 12 Service Concession Arrangements. In: Sovereign Risk and Public-Private Partnership During the Euro Crisis. Palgrave Macmillan, London. https://doi.org/10.1057/9781137390813_4
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DOI: https://doi.org/10.1057/9781137390813_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-48273-3
Online ISBN: 978-1-137-39081-3
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