Rate-regulated Activities - IASB
Date recorded:
At its meeting on June 21-22, 2017, the IASB discussed five examples that demonstrate common types of regulated rate adjustments. Each example shows how the model would recognize a regulatory asset or regulatory liability, together with a related regulated rate adjustment recognized in profit or loss. For each example, the Board considered the staff’s conclusions about: the timing and amount of the originating adjustment; and the pattern and timing of the reversal of the adjustment. The Board plans to discuss further aspects of the model at its July meeting.
Review the IASB Update on the IASB's Web site.
