IPSASB Seeks Views on Accounting for Service Concession Arrangements by Grantors

The International Public Sector Accounting Standards Board (IPSASB) is seeking comments on an exposure draft (ED) that addresses accounting for service concession arrangements by the grantor: service concession arrangements, often called Private Public Partnerships or PPPs, involve an operator providing services to the public on behalf of a grantor - usually the government or another public sector entity.