Rate-regulated Activities - AcSOC
Date recorded:
At the Accounting Standards Oversight Council meeting on February 23-24, 2017, the Chair of the AcSB noted that the risk attached to the rate-regulated activities project has moderated owing to additional work being done by the IASB staff, the efforts of other national standard setters, and the IASB’s encouraging reaction to the AcSB staff’s research on the decision-usefulness of financial information that reflects the economics of rate-regulated activities. The risk attached to this project remains as the IASB might issue an exposure draft without first issuing a discussion paper. An unfavourable response to such an exposure draft might result in the project being shelved.
Review the meeting summary on the AcSOC's Web site.
Review the meeting summary on the AcSOC's Web site.
Review the meeting summary on the AcSOC's Web site.
