BIM64070 - Measuring the profits (particular trades): Private finance initiative (PFI): Accounting
The following summary of the accounting treatment of PFI projects is intended to provide background information only. The accounting treatment of such projects continues to evolve and HMRC Officers should refer any questions, concerning what constitutes generally accepted accounting practice, to their local HMRC accountant.
The background information is set out as follows:
| BIM64075 | FRS5 “Application note F” |
| BIM64080 | FRS5 and SSAP21 |
| BIM64085 | FRS 5 and SSAP9 |
| BIM64090 onwards | FRS5: reporting the substance of transactions |
| BIM64100 onwards | Examples |
| BIM64115 | UITF34 “pre-contract costs” |
| BIM64116 | Recharge of bid costs to another company |
