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 – International Accounting Standards Board

Date recorded:

At its meeting on November 15, 2018, the IASB met to discuss the accounting model being developed for activities subject to "defined rate regulation". The Board discussed and made tentative conclusions with respect to:

  1. interactions between the model and the IFRS Standards, including (i) exceptions to the requirements of other IFRS Standards; (ii) guidance on applicability of other IFRS Standards; (iii)isolation of regulatory items by presentation and disclosure; and (iv) location of requirements and guidance on interactions with other IFRS Standards; and
  2. presentation and disclosure, including (i) presentation; and (ii) disclosure objectives, disclosure requirements and illustrative disclosures. The Board expects to continue its discussions on other aspects of the model at a future meeting.

Review the IASB Update and podcast on the Board'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.