The Private Finance Initiative

Abstract: This 12 page paper is a comprehensive look at the Private Finance Initiative (PFI), used by the UK government. The paper consider the advantages and disadvantages as a system such as this, concerns such as control and security as well as the advantages to the government in accounting terms and how this results in the ability of the government to move the capital expenditure of the balance sheet. The writer also looks at how the NRV is increased and other accounting issues, such as FRS 5. The bibliography cites 11 sources.

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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