New course: Financial modelling of IFRIC 12 for Service Concessions

New course: Financial modelling of IFRIC 12 for Service Concessions


Wednesday 27th April 2022

If your project falls under the scope of IFRIC 12 – Service Concession Arrangements it can be difficult to understand how this should be reflected in your financial model and how to approach the technical modelling requirements. 

Our new one day course will enable you to understand and implement core modelling techniques for service concessions to ensure that your models accurately reflect the complexity of the accounting.  You will focus on the best practise financial modelling techniques for successfully implementing the technical requirements and gain an appreciation of the various rules and application of these to your project.

You will learn the modelling techniques of three key areas of IFRIC 12: financial asset, intangible asset & bifurcated.  Your instructor will guide you through the various considerations for each of these approaches and demonstrate key differences whilst showing the impact that adoption can have on key profiles such as profits & distributions. The course will also highlight the impact of IFRIC 12 in operational financial models and how to account for historic actuals in your concession accounting which is a key consideration for all asset managers with operational projects.

Key learnings in the new course financial modelling for IFRIC 12

  • Learn best practise techniques for adopting IFRIC 12 Service Concession accounting into your financial models
  • Hands on model development led by our skilful trainers who will guide you through the steps needed to successfully implement IFRIC 12 using our expert case study model
  • Technical discussions on the key differences between financial assets, intangible assets and bifurcated assets and the rules & decision processes that will help you determine which should apply
  • Interactive modelling exercises to further cement your learning and demonstrate the nuanced features of IFRIC 12 such as solving for the interest rate, margins and dealing with quarterly interest calculations in a monthly model
  • Develop a deep understanding on how to implement IFRIC 12 in your operational models, how to incorporate historic actuals and make necessary adjustments to your balances or interest rate
  • Learn through graphical summaries & hands-on scenario analysis how the different accounting options will impact your model through key metrics & profiles such as profits & distributions

For a full schedule, please see the course page where you can also download the detailed outline, or get in touch to find out more about scheduling, pricing and discount packages.