{"id":38144,"date":"2014-01-24T15:35:00","date_gmt":"2014-01-24T15:35:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=29089c87dcc8f9e5aa87a9048c6a2082"},"modified":"2014-01-24T15:35:00","modified_gmt":"2014-01-24T15:35:00","slug":"fasb-issues-guidance-on-service-concession-arrangements","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=38144","title":{"rendered":"FASB issues guidance on service concession arrangements"},"content":{"rendered":"<p>The FASB has issued Accounting Standards Update (ASU) No. 2014-05, \u201cService Concession Arrangements,\u201d which prohibits an operating entity from accounting for a service concession arrangement as a lease. In addition, the ASU states that \u201cinfrastructure used in a service concession arrangement should not be recognized as property, plant, and equipment of the operating entity.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FASB has issued Accounting Standards Update (ASU) No. 2014-05, \u201cService Concession Arrangements,\u201d which prohibits an operating entity from accounting for a service concession arrangement as a lease. In addition, the ASU states that \u201cinfrastru&#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/38144"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38144"}],"version-history":[{"count":1,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/38144\/revisions"}],"predecessor-version":[{"id":38199,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/38144\/revisions\/38199"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}