RU Ecology and waste management Energy and nuclear industry Practices and industries All news Federal Accounting Standard for Public Sector Organizations "Concession Agreements" August 08, 2018OverviewPress contacts : pr@lp.ru The Ministry of Finance of Russia, by Order No. 146n dated June 29, 2018, approved the federal accounting standard for public sector organizations "Concession agreements" (hereinafter referred to as the Standard ). It was established that the Standard, as a general rule, is applied when accounting for assets, liabilities, facts of economic life, other accounting objects arising from the conclusion and execution of concession agreements (hereinafter referred to as the CC ), as well as when disclosing in the accounting (financial) statements information about the specified agreements and accounting objects [1] . In this case, the document under consideration is subject to application simultaneously with the provisions of the standard "Conceptual foundations of accounting and reporting of public sector organizations" [2] . The Standard contains provisions related to accounting for property and obligations of the grantor, accounting for income and expenses of the grantor, and disclosure of information in the Notes to the accounting (financial) statements. So, the Standard defines that the object of the KS and (or) other property transferred by the concessionaire to the concessionaire under the KS is subject to separate reflection by the federal executive body, the state power body of the constituent entity of the Russian Federation, the local government body acting on behalf of the grantor, as part of non-financial assets of the treasury [3]... Regarding the accounting of expenses, it is indicated that if, under the terms of the CC, the concessioner finances (reimburses) the costs of using (operating) the CC facility, the concessionaire's expenses for servicing borrowed funds and (or) compensates the profitability of the concessionaire's invested equity capital, these expenses are recognized by the authorized accounting entity as part of the expenses of the period in which they arise, with the segregation on the corresponding accounts of the Working Chart of Accounts of the authorized accounting subject [4] . It was also established that the Explanations to the accounting (financial) statements are subject to disclosure of information about the CU, the property of the grantor at the beginning and end of the reporting period, the obligations of the grantor at the beginning and end of the reporting period, as well as the income of the grantor [5] . Рассматриваемый Стандарт подлежит применению при ведении бюджетного учета и бухгалтерского учета бюджетных и автономных учреждений с 1 января 2020 г., составлении бюджетной отчетности и бухгалтерской (финансовой) отчетности бюджетных и автономных учреждений начиная с отчетности 2020 г. [1] Пункт 3 Стандарта. [2] Пункт 2 Стандарта. [3] Пункт 4 Стандарта. [4] Пункт 11 Стандарта. [5] Пункт 13 Стандарта. Участники Илья Нестеров Руководитель Практики проектного финансирования и ГЧП Михаил Корнев Старший юрист Материалы Скачать pdf Подписаться на рассылку © 2018 Линия Права + 7 495 937-80-00 moscow@lp.ru DREAMAGENCY