MPSAS 32: Service Concession Arrangements – Grantor

Originally published at: MPSAS 32: Service Concession Arrangements – Grantor | TheAccSense

This article shares and discusses the accounting requirements for service concession agreements from the grantor’s perspective. In the private sector, reporting entities are the parties who enter into the service concession arrangements with the government or public sector entities (known as the grantor) to provide public service on their behalf. The private sector entities are…