La comptabilisation des contrats de Private Finance Initiative au Royaume-Uni
Accounting treatment of PPP contracts is at stake, for most operations can be considered as off-balance sheet. Through an analysis of the British case, this paper studies the ways to limit these short sighted financial strategies. As accounting rules remain unspecific, PPP generate contingent liabilities and are considered off-balance sheet. However, Government's financial framework must altogether record public underwritings (take or pay payments) and assess the sustainability of signed projects. Accounting international standards can improve the financial governance of PPP. They allow for monitoring future government commitments and improving the forecast of unitary charges over the life cycle of the PPP contract.
|Date of creation:||02 Feb 2009|
|Publication status:||Published in Cahier de recher UQAM (ESG / GIREF) n°2-2009. 2009, 15p|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00784950|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00784950. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)
If references are entirely missing, you can add them using this form.