BIM64070 - Measuring the profits (particular trades): Private Finance Initiative (PFI): accounting: contents

»Ê¹ÚÌåÓýapp following summary of the accounting treatment of PFI projects is intended to provide background information only. »Ê¹ÚÌåÓýapp accounting treatment of such projects continues to evolve and HMRC Officers should refer any questions, concerning what constitutes generally accepted accounting practice, to their local compliance/advisory accountant.

Guidance on the accounting treatment to be used when dealing with PFI and similar contracts is provided by FRS5 Application Note F ‘Reporting the substance of transactions: PFI and similar contracts�.

»Ê¹ÚÌåÓýapp background information is set out as follows:

  1. BIM64075
    Accounting: FRS5 Application note F
  2. BIM64080
    Accounting: FRS5 and SSAP21
  3. BIM64085
    Accounting: FRS5 and SSAP9
  4. BIM64090
    Accounting: FRS5 reporting the substance of transactions
  5. BIM64095
    Accounting: FRS5 key factors
  6. BIM64100
    Accounting: FRS5 example 1
  7. BIM64105
    Accounting: FRS5 example 2
  8. BIM64110
    Accounting: FRS5 example 3
  9. BIM64115
    Contract accounting: bid costs
  10. BIM64116
    Contract accounting: recharge of bid costs to another company: income of the bidding company