This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Rate-regulated Activities - IASB

Date recorded:

At its meeting on February 23, 2017, the IASB discussed and tentatively made decisions on the following: (i) how the principle proposed in the model, as well as its general approach, make use of principles in IFRS 15, Revenue from Contracts with Customers and of the Board’s latest thinking in the Conceptual Framework project; (ii) that scope criteria for the model should focus on enforceable rights and obligations created through a formal regulatory pricing (ie rate-setting) framework, but exclude other features of rate regulation described in the paper; and (iii) recognition of regulatory assets and regulatory liabilities.

At a future meeting, the Board plans to discuss detailed analyses of measurement, presentation and disclosure in the proposed model.

Review the IASB Update and podcast on the IASB's Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.